Photo Gallery: The March of the Lobbyists
Fotostrecke

Photo Gallery: The March of the Lobbyists

Foto: ALEX DOMANSKI/ REUTERS

Financial Lobby in Revolt How Much Longer Can Transaction Tax Be Delayed?

The banking industry is resisting a European Union tax on financial transactions, but Brussels is sticking to its plans. EU officials argue the tax would reduce risks in the capital markets and force the industry to help cover the costs of any future crisis. The idea also has backing in Berlin and Paris.
Translated from the German by Christopher Sultan