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Europe Daily Bulletin No. 10165

23 June 2010
GENERAL NEWS / (eu) eu/g20
France and Germany fight for global tax on financial transactions

Brussels, 22/06/2010 (Agence Europe) - In a joint letter dated 21 June to their G20 colleagues, German Chancellor Angela Merkel and French President Nicolas Sarkozy call for work on an international agreement on a global tax on the financial markets in addition to a levy or other tax on financial institutions to get the financial industry to contribute to the costs of the crisis. Last week, European leaders decided that the European Union would press ahead with a bank tax irrespective of the...

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