On Tuesday 21 February, the French finance minister, Michel Sapin, proposed a draft compromise aiming to keep Belgium and Slovakia at the negotiating table on a financial transactions tax (FTT).
These two countries are calling for an exemption from the future tax for pension funds. The other eight countries take the view that these exemptions would be detrimental to the tax, as the Spanish minister, Luis De Guindos, explained upon his arrival at Tuesday's Ecofin meeting.
According to...