Brussels, 28/10/2013 (Agence Europe) - Christian Noyer, the governor of Bank of France and member of the European Central Bank's Governing Council, said in an interview with the Financial Times on Monday 28 October that the European Commission's planned financial transactions tax (FTT) to be introduced in 11 EU member states (including France) under “enhanced cooperation” was a huge risk for the countries that would be levying it.
He said the tax would lead to a rise in the cost of...