Taming the Markets Eleven EU Countries Agree on Transaction Tax

The idea of a financial transaction tax in the European Union has been slowly gaining support over the last two years, with Germany and France advocating most vehemently in favor. Now they have convinced nine other EU states to join them -- though details remain scarce.
Opposition to the tax remains fierce among several EU states.

Opposition to the tax remains fierce among several EU states.

Foto: Uli Deck/ dpa
acb -- with wire reports
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