Looks like the supporters of the FTT are still worried about driving business out of their countries if the tax isn’t done just right reports ekathimerini
Germany’s Wolfgang Schaeuble says that;
“We know that we can only proceed step by step. The possibilities, the situations and the interests of the individual participating states are so different that only a limited taxation of shares and some derivatives is possible in a first step.”
Without the backing of every member state this thing will get watered down to a pointless policy. Typical EU bluster.
