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dipsydoodle

(42,239 posts)
Sat Jun 23, 2012, 05:57 AM Jun 2012

Britain to be spared EU bank tax: European leaders push ahead with plans but drop demands for all na

Britain will be spared a swingeing new tax on City transactions as European leaders confirmed they will press ahead with plans for a single currency superstate.

Eurozone leaders vowed to plough on with the Robin Hood tax plans alone yesterday as they declared that a Brussels summit next week will be a ‘defining moment’ in EU history.

Nine countries yesterday vowed to impose new taxes on financial deals – which Britain thinks will cripple economic growth – but demands for all 27 EU nations to be included were dropped.

Read more: http://www.dailymail.co.uk/news/article-2163461/Britain-spared-EU-bank-tax-European-leaders-push-ahead-plans-drop-demands-nations-included.html#ixzz1ybomSgo8

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