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Image header Agence Europe
Europe Daily Bulletin No. 10548
ECONOMY - FINANCE - BUSINESS / (ae) taxation

Experts give conditional backing to FTT proposals

Brussels, 07/02/2012 (Agence Europe) - Curbing high-frequency trades and discouraging excessive risk-taking on the money markets would be two ways the mooted financial transaction tax (FTT) in the EU or eurozone might help prevent future economis crises. It might encourage growth despite the slight fall in income it would cause in some segments of the financial industry, argued four international experts at a hearing of the European Parliament's economic and monetary affairs committee on...

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