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Europe Daily Bulletin No. 11313

13 May 2015
ECONOMY - FINANCE - BUSINESS / (ae) taxation
FTT - Eleven rule out scenario based on principle of issue

Brussels, 12/05/2015 (Agence Europe) - The eleven member states involved in the enhanced cooperation to bring in a financial transactions tax (FTT) have still not agreed on what they want, but at least know what they don't want.

They have reduced the number of basic options for the FTT from three to two, having decided to abandon the scenario based directly on the principle of the issue.

This is a victory for the small countries which issue shares, as they feared that they could lose out....

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