12/07/2011 (Agence Europe) - Bavaria backs FTT idea. The minister-president of Bavaria, Horst Seehofer, says he is a great supporter of the idea of a financial transaction tax (FTT), as suggested by the European Commission in its draft Financial Framework for 2014-2020. Seehofer was speaking at a press conference after meeting with the president of the European Commission, José Manuel Barroso, on Monday 11 July. Most EU member states dislike the idea of an FTT, but Seehofer said it would be...