Ministers near deal on ‘step-by-step’ transactions tax

Author (Person)
Series Title
Series Details 06.05.14
Publication Date 06/05/2014
Content Type

A short one page document outlining plans for a future financial transaction tax (FTT) amongst the eleven EU countries wishing to move towards this proposal under the EU's enhanced co-operation procedure was presented to other EU Finance Ministers at an Ecofin Council on the 6 May 2014.

The UK, Sweden and the Netherlands expressed discontent with the manner of the announcement and the lack of detail in the proposals.

Source Link Link to Main Source http://euobserver.com/news/124023
Related Links
ESO: Background information: Speaking points by Commissioner Šemeta at the ECOFIN press conference http://www.europeansources.info/record/speech-speaking-points-by-commissioner-semeta-at-the-ecofin-press-conference/
ESO: Background information: Judgment in ECJ C-209/13 United Kingdom v Council http://www.europeansources.info/record/press-release-judgment-in-ecj-c-209-13-united-kingdom-v-council/
Blog: Open Europe, 06.05.14: Swedish and Dutch patience running out over proposed FTT? http://openeuropeblog.blogspot.co.uk/2014/05/swedish-and-dutch-patience-running-out.html
EurActiv, 06.05.14: UK, Sweden attack FTT statement by euro nations http://www.euractiv.com/sections/euro-finance/uk-sweden-attack-ftt-statement-euro-nations-301953
Council of the European Union: Press Release, PRES/14/242: Ecofin Council, Brussels, 06.05.14 http://www.consilium.europa.eu/uedocs/cms_data/docs/pressdata/en/ecofin/142513.pdf
Deutsche Welle, 06.05.14: European financial tax to be levied as of 2016 http://dw.de/p/1BuSx
The Guardian, 06.05.14: George Osborne bristles as EU moves closer to financial transaction tax http://www.theguardian.com/politics/2014/may/06/george-osborne-eu-financial-transaction-tax-legal-challenge
Euro|Topics, 07.05.14: Financial transaction tax for 2016 http://www.eurotopics.net/en/home/presseschau/archiv/archiv_dossier/DOSSIER143018-Financial-transaction-tax-for-2016
EurActiv, 19.06.14: France endeavours to revive Paris stock exchange http://www.euractiv.com/sections/euro-finance/france-endeavours-revive-paris-stock-exchange-302902

Subject Categories
Countries / Regions