Brussels, 31/05/2013 (Agence Europe) - The latest version of the European Commission's draft legislation to introduce a new financial transactions tax (FTT) in eleven member states using the enhanced cooperation mechanism, which reduces the number of derivatives to be taxed, but includes the sale of sovereign bonds on the secondary market, is highly controversial. Four months after publication, the highly ambitious initial draft is being watered down under lobbying from various players and...