login
login

Europe Daily Bulletin No. 11309

7 May 2015
ECONOMY - FINANCE - BUSINESS / (ae) taxation
Austria attempts to reduce FTT options, agreement possible in June

Brussels, 06/05/2015 (Agence Europe) - The ministerial meeting on the financial transactions tax (FTT) on the fringes of the ECOFIN summit on Tuesday 12 May is expected to discuss two alternative scenarios that Austria is working on, but in order to reduce the number of options, a number of policy issues still need to be addressed.

Agreement looks unlikely in May. German finance minster Wolfgang Schäuble said on Tuesday 5 May: “I am not very optimistic” about an imminent agreement. His...