News Headline Summary

EU finance ministers are to decide on transaction tax according to German press

- Ministers are to decide on transaction tax on February 12th.
- 11 EU countries are in favour of transaction tax.

Update details:

- The financial transaction tax that would impact financial transactions between financial institutions charging 0.1% against the exchange of shares and bonds and 0.01% across derivative contracts and if passed will be introduced in 2014.

Print 16:46, 09 Jan 2013 - Economic commentary - Source: Handelsblatt