Germany bids to break deadlock on disputed transactions tax
World BusinessApr 1, 2012
COPENHAGEN (AFP) ― Germany on Friday laid out proposals to break the deadlock on a controversial EU tax on financial transactions, arguing for a levy only on company shares as a first step before broadening it out.German Finance Minister Wolfgang Schaeuble circulated the plan, obtained by AFP, to his EU counterparts ahead of a debate on the issue on the second and final day of a meeting here.Schaeuble acknowledged “it will not be possible to attain unanimous approval of the FTT (financial transa