On boat - Financial transactions tax
Facing resistance to a tax on financial transactions both from within her ruling coalition and from her EU partners - particularly the UK and Sweden - German Chancellor Angela Merkel and finance minister Wolfgang Schäuble are proposing a watered down "stock market tax". The European Commission, however, doubt its effectiveness.
Was this article useful? If so we are delighted!
It is freely available because we believe that the right to free and independent information is essential for democracy. But this right is not guaranteed forever, and independence comes at a cost. We need your support in order to continue publishing independent, multilingual news for all Europeans.
Discover our subscription offers and their exclusive benefits and become a member of our community now!