ECONOMY - FINANCE - BUSINESS / (ae) taxation

Nine countries wants speedy introduction of FTT in Europe

Brussels, 08/02/2012 (Agence Europe) - On Tuesday 7 February, nine EU member states urged the Danish Presidency of the Council of the EU to speed through the processing of the draft EU financial transaction tax (FTT) at the Council of Ministers so the first reading can be completed in the first half of this year.. In the event of deadlock among the 27 member states, sources suggest the nine countries could go it alone through enhanced cooperation, a special legislative process laid down by...