Road to the G-20 Europe May Act Alone on Financial Transaction Tax

German Finance Minister Wolfgang Schäuble said on Monday that the EU should launch a financial transactions tax on its own if the G-20 summit this week can't agree on such a levy. A draft communiqué obtained by SPIEGEL shows the G-20 plans far-reaching reforms of the global financial sector.
Share traders in Frankfurt: The G-20 plans to impose curbs on financial markets.

Share traders in Frankfurt: The G-20 plans to impose curbs on financial markets.

Boris Roessler/ dpa
SPIEGEL/cro -- with wire reports