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Tuesday, 10 January 2012

France and Germany push controversial Tobin tax



The idea of taxing financial transactions has resurfaced with both Paris and Berlin agreeing such a levy in the EU should be imposed.
France, in particular, says it's prepared to go it alone on a so called Tobin Tax. The European Commission proposed an EU wide deal last year. But with Britain dead set against the idea, some officials in Brussels are worried the controversial tax could split the bloc.

Greek MEP Anni Podimata, an advocate for some kind of levy on financial transactions told euronews:

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