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The German Frankfurt Stock Exchange’s bull surrounded by sandbags

The EU’s failed financial tax: good and bad news

  • Talks between 10 EU states on a financial transactions tax have stalled
  • Discussions were held in the ‘enhanced cooperation’ format
  • At most, those states will implement a watered-down version of the tax
  • The result is good for markets, but also strengthens trends toward centralization

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Professor Enrico Colombatto
If two countries drop out of the talks, a European Tobin tax may never see the light of day
read more about it in the report
What's inside
  • Talks between 10 EU states on a financial transactions tax have stalled
  • Discussions were held in the ‘enhanced cooperation’ format
  • At most, those states will implement a watered-down version of the tax
  • The result is good for markets, but also strengthens trends toward centralization
Who will benefit?
  • Report is targeted to the decision makers in cross country manufacturing – suppliers, manufacturers, logistics.
  • Also considered useful for the administrative university facilities, to better understand the possibe effects of current decisions.
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