Series Title | EurActiv |
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Series Details | 10.10.12 |
Publication Date | 10/10/2012 |
Content Type | News |
The EU’s effort to introduce a tax on financial transactions was given new life onthe 9 October 2012 after 11 eurozone countries agreed to impose the levy, using the enhanced co-operation rules that allows groups of countries to move forward without the agreement of all 27 members. The 11 Member States that wish to apply an EU financial transaction tax (FTT) through enhanced cooperation should be allowed to do so, because all the legal conditions for such a move are met. This is the conclusion of the proposal for a Council Decision adopted by the European Commission on the 23 October 2012. |
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Source Link | Link to Main Source http://www.euractiv.com/euro-finance/eleven-euro-zone-states-back-fin-news-515296 |
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Subject Categories | Taxation |
Countries / Regions | Europe |