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Archives for tax

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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The new Italian Prime Minister Enrico Letta announced his first raft of policies in his first speech to the Italian parliament yesterday. The speech was strong on anti-austerity rhetoric but short on details of how his new approach would be funded – il…

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This is the question which is now holding global financial markets on the edge – could it really happen and what would it mean, we assess the possible scenarios below.Could the Cypriot parliament vote against the levy? According to Reuters, Cypriot go…

Posted by Open Europe blog team