Select a language
On January 22, European finance ministers gave their approval for the launch of a "Tobin tax" by 11 of Europe’s member states, including Germany, France and Italy. The United Kingdom and Luxembourg will notably not be taking part.
Following the approval granted by the European Commission in October and the European Parliament’s endorsement in November, the decision is the ultimate green light for EU states to establish the measure. However, the precise details of the tax have yet to be determined.
Was this article useful? If so we are delighted!
It is freely available because we believe that the right to free and independent information is essential for democracy. But this right is not guaranteed forever, and independence comes at a cost. We need your support in order to continue publishing independent, multilingual news for all Europeans.
Discover our subscription offers and their exclusive benefits and become a member of our community now!
