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Europe Daily Bulletin No. 8044

10 September 2001
Contents Publication in full By article 36 / 42
GENERAL NEWS / (eu) eu/tobin tax

10/09/2001 (Agence Europe) - Against the backdrop of the informal council of EU Trade Ministers (see EUROPE of 8 September, p.7), the European Commissioner Pascal Lamy spoke about the Tobin Tax, saying that he was sympathetic to the desire for governance inherent in the idea and the problems it implies (instability in the capital markets, speculation and resources in the third world) but he had never been convinced that the problem would be solved by a tax, and also had doubts as to the...

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