Europe's financial tax wins approval | Bangkok Post: breakingnews

Breakingnews >

Europe's financial tax wins approval

European Union finance ministers Tuesday gave 11 nations a final go-ahead to launch a controversial financial transactions tax seen by many as a way of making the finance sector pay for the economic crisis.

EU tax commissioner Algirdas Semeta gives a press conference on July 11, 2012 at the EU Headquarters in Brussels. European Union finance ministers Tuesday gave 11 nations a final go-ahead to launch a controversial financial transactions tax seen by many as a way of making the finance sector pay for the economic crisis.

"For the first time ever, the financial transaction tax will be applied at regional level," said the EU's tax commissioner Algirdas Semeta after the ministers gave their green light.

This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.

Most Viewed

  • 'Biggest blackout ever' hits South

    The "biggest power outage ever" in Thailand blacked out 14 southern provinces Tuesday evening, plunging almost the entire South into blackness for lengthy periods.

Your comments

  • borrocks

    AfghanistaPost : 232

    Send message

    Discussion 1 : 23 Jan 2013 at 09.241

    basically a tax that will be passed onto the customers of the Banking sector..people really need to wake up and demand transparency in all financial transactions

Reply

Sign in once and access every part of the website at your convenience!

Please log in to our Bangkokpost.com community to post your comment.
You can sign in to the community by clicking here.

If you are not part of the community yet, please sign up here. By being part of this community you will get all these privileges.