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Europe Daily Bulletin No. 10527

10 January 2012
ECONOMY - FINANCE - BUSINESS / (ae) taxation
Franco-German agreement on principle of FTT but not on method

Brussels, 09/01/2012 (Agence Europe) - At the press conference after their meeting in Berlin on Monday 9 January, German Chancellor Angela Merkel and French President Nicolas Sarkozy displayed a certain unity of stance on the need for a financial transactions tax (FTT), if not among all member states then at least in the eurozone. Sarkozy, with one eye on the presidential elections at the end of April, wants to force the pace on how the tax is to be applied, even to the extent of going it...