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1/4% Tax on all stock trades pushed in NY Times today
- Thread starter seasideheights
- Start date
Quote from listedguru:
What is Sarkozy's opponent's stance on the ftt issue? I know Sarkozy is up for reelection but I haven't followed it closely.
Thanks,
-Guru
Sarkozy's opponent, Hollande, might be even worse. As a socialist, he is a tremendous proponent of the FTT. Too bad it couldn't be DSK anymore.
Monti says Italy backs Tobin tax but urges unity
Finanztransaktionssteuer: Berlin will EU-weite Einigung
Hopefully that, despite stupid Sarkozy, and all those arrogant shouting of the last months, they in the end are still too afraid to go alone.
Finanztransaktionssteuer: Berlin will EU-weite Einigung
Hopefully that, despite stupid Sarkozy, and all those arrogant shouting of the last months, they in the end are still too afraid to go alone.
Quote from Rantany:
Monti says Italy backs Tobin tax but urges unity
Finanztransaktionssteuer: Berlin will EU-weite Einigung
Hopefully that, despite stupid Sarkozy, and all those arrogant shouting of the last months, they in the end are still too afraid to go alone.
Google translation from German article above
Financial transaction tax: Berlin wants EU-wide agreement
06.01.2012 | 12:13 | (DiePresse.com)
The German government refuses to go it alone in the introduction of a financial transaction tax. France wants vorspreschen here alone. Germany wants to introduce the tax in all 27 EU states.
Germany, unlike France rejects a unilateral action in the financial transaction tax from. The German Federal Government to continue to strive to introduce the levy within the 27 EU states, government spokesman Steffen Seibert said on Friday in Berlin. "That is our goal." At this point must first be made ​​clear.
France is considering press ahead with the controversial tax on financial transactions. President Nicolas Sarkozy was willing to lead by example, said his special advisor Henri Guaino BFMTV the transmitter. According to the French newspaper "Liberation" Sarkozy assumes the risk that Germany would not follow so fast consciously.
The German Chancellor Angela Merkel (CDU) and Nicolas Sarkozy arrive in Berlin on Monday for talks. It is also about to implement the decisions of the EU summit in December. Sarkozy and Merkel had placed the introduction of an EU-wide financial transaction tax with emphasis on the EU agenda. Major European partners such as Britain and Sweden but not yet playing.
================
If this is true, then Merkel has thrown in the towel on the FTT, at least for now. Why would she do this after all the threats, demands and tough talk?
Quote from tomdavis:
If this is true, then Merkel has thrown in the towel on the FTT, at least for now. Why would she do this after all the threats, demands and tough talk?
Maybe she still can't persuade Philipp Rösler, the Vice Chancellor of Germany? (See my former post about this):
http://www.elitetrader.com/vb/showthread.php?s=&postid=3403655#post3403655
Sarkozy is spreading FUD
Google translation:
Mr. Sarkozy, if you really want unity in the EU, then drop that idiot and ineffective FTT.
Google translation:
Sarkozy warns of Peace
French President Nicolas Sarkozy on Friday warned of a possible dark future of Europe. After meeting with Italian Prime Minister Mario Monti called for maintaining unity and the euro rescue.
"We can not abandon Europe. The euro is the heart of Europe. If the euro is destroyed, all of Europe goes up in smoke. If Europe in smoke, which threatens the future of the peace on our continent". According to Sarkozy, Paris and Rome are called "exact" look at the future of Europe and how the crisis should be resolved.
The French president also showed that the leaders of the three largest economies in Europe on January 20 will speak to each other. Three days before the meeting of European finance ministers will meet with Sarkozy or German Chancellor Angela Merkel and Italian Prime Minister Monti. On January 30 following a European summit.
Mr. Sarkozy, if you really want unity in the EU, then drop that idiot and ineffective FTT.
Quote from kalinka:
Sarkozy has held a pressconference today and said: " How can we explain that you pay a fee when you buy an apartment or go to the Supermarket and Financial Transactions don`t pay.
The Euroaera has to take their responsibility he added.
Sadly most watching would have thought:
" Yea you have a point " - Instead of " Why the hell am I paying a fee on an apartment at all? , so you lot can live like royalty and spend one billion dollars on a g20 meeting?"
China recently told the EU to stuff it as far as a certain set of taxes go, Europe is not as important as it just was ( a few years ago ) watching the shift in power take place is going to be very interesting, im also interested to see how they can " ban " corporations based inthe EZ from moving to London