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Slovenia is considering withdrawing from the list of countries that plan to adopt a Financial Transactions Tax in the European Union, owing to concerns that its base is too narrow. Read Full Story
Belgium should exit the enhanced cooperation procedure for a European Union financial transactions tax until major European financial centers participate, or until its impact has been thoroughly studied, the Federation of Enterprises in Belgium has said. Read Full Story
Luxembourg's Finance Minister Pierre Gramegna has called on the European Commission to demonstrate that the introduction of a financial transactions tax in 11 European Union member states will not have an extraterritorial impact on non-participating countries. Read Full Story
The European Banking Federation has warned that a financial transaction tax would create uncertainty for investors and increase business costs, regardless of whether it is introduced across the European Union or among a limited number of member states. Read Full Story
The European Union's Economic and Financial Affairs Council's meeting on the current state of play on negotiations towards a European Union Financial Transactions Tax on May 6, 2014, ended with a joint statement signed by only ten of the eleven member states that have committed to introduce the levy. Read Full Story
The Mayor of London has expressed disappointment at the European Court of Justice's decision to reject the UK's legal challenge against a proposed European Union financial transaction tax. Read Full Story
French and German business representatives, and financial markets organization, Paris Europlace, have newly reaffirmed their grave concerns about the European Union Financial Transactions Tax. Read Full Story
The European Union will benefit from a more coordinated approach on taxation, the European Union's Tax Commissioner Algirdas Šemeta has said, outlining near-term fiscal policy proposals. Read Full Story
The introduction of a financial transactions tax in France has led to a ten percent reduction in the volume of shares traded on the capital's stock market, according to a recent study conducted by the nation's financial market regulator, AMF. Read Full Story
The opposition Spanish Socialist Workers' Party has said that the Government's plans to cut individual income tax in 2015 are tantamount to fraud and deception. Read Full Story
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