Open Europe Blog

Archives for FTT

With the future of the UK seemingly hanging by a thread it is understandable that events north of the border are dominating attention, but today’s announcement of the new European Commission also has far-reaching consequences for the future of the UK’s…

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EU finance ministers met today, with the financial transaction tax (FTT) once again topping the agenda. They were presented with a new proposal or brief under which the 11 countries pursuing the FTT under enhanced cooperation could move forward. The pl…

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This morning’s ECJ judgement that the UK’s legal challenge against a proposed Financial Transaction Tax (FTT) is premature was what many had expected. The UK had challenged the decision to authorise the use of so-called ‘enhanced cooperation’ (…

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There has been an important development brewing in the UK’s flagship case against the EU’s proposed Financial Transaction Tax (FTT). We’ve known for some time that the European Court of Justice (ECJ) will take a shortened proceeding and rule on …

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The Bundesbank, The Deutscher Aktieninstitute (DAI), and even EU civil servants from the 11 participating countries have all warned against the FTT in its current form. Today saw yet another German voice raised again the tax – this time from the very…

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There’s an old Latin saying, “If you had kept quiet, you would have remained a philosopher.” Reading the Commission’s defence of its proposed EU financial transaction tax (FTT), that phrase immediately sprung to mind. It’s not the strongest piece, to s…

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As we noted recently with the exclusive release of  internal documents on the Financial Transaction Tax (FTT), even amongst those who are championing the proposal, there are a huge number of concerns. Well, those concerns are growing by the week, …

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As was made evident by the internal memo about the EU financial transaction tax (FTT) – that we exclusively published yesterday – there are plenty of concerns amongst the supposed champions of the idea. Today, another heavyweight institution raised the…

Posted by Open Europe blog team