Brussels, 01/12/2014 (Agence Europe) - The Italian Presidency of the Council has given up on the possibility of being able to present a political compromise on the financial transactions tax (FTT) to the next Ecofin Council, despite having aimed for an agreement on the outlines of an initial application phase of the tax. Instead, it will present the ministers with an overview of the work carried out by the 11 participant states.
In a document it will present to the Ecofin Council, the...