Nine European countries sent letter supporting FTT to Danish Presidency

07 February 2012

The letter states that the tax is a "crucial instrument to secure a fair contribution from the financial sector to the costs of the financial crisis and to better regulate European financial markets".

Nine European countries, led by the France and Germany, sent a joint letter to the Danish Presidency pledging support for the implementation of an FTT at the European level. The letter also called for an accelerated analysis and negotiation process, and suggested a “result in this matter by spring 2012”.

Joint letter

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