Van Rompuy: financial tax to form part of EU budget

EUObserver reports on a paper prepared by European Council President Herman Van Rompuy in the context of attempts to agree on the Multi-annual Financial Framework (MFF), 2014 - 2020 at the European Council summit 22-23 November 2012.

The paper suggests adopting a Financial Transaction Tax for selected countries and for the revenue raised to be channeled into the EU budget.

• Primary Source

ESO: Background information: Website: Multiannual Financial Framework 2014-2020 http://www.europeansources.info/record/multiannual-financial-framework-2014-2020/

ESO: Background information: EU annual budget talks flounder http://www.europeansources.info/record/eu-annual-budget-talks-flounder/

ESO: Background information: Merkel and Cameron Deadlocked ahead of Summit http://www.europeansources.info/record/merkel-and-cameron-deadlocked-ahead-of-summit/

ESO: Background information: Eleven euro zone states back financial transaction tax http://www.europeansources.info/record/eleven-euro-zone-states-back-financial-transaction-tax/

EurActiv, 16.11.12: Officials seek ways to bypass Britain's EU budget veto threat http://www.euractiv.com/priorities/officials-seek-ways-bypass-briti-news-516076

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