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EU backs finance transaction tax

By Stephanie Gruner Buckley
Published Last updated This article is more than 2 years old.

A link from BBC

The European Commission has backed plans from 10 countries to launch a financial transactions tax to help raise funds to tackle the debt crisis. The 10 countries include France, Germany, Italy and Spain. The nations want to push ahead with the tax after failing to win support from all members of the European Union.

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