
January 2, 2012
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Posted by Kay Barksdale
- Robin Hood Tax gains momentum on the continent | Left Foot Forward Unites Tony Burke reports on union pressure for a Robin Hood Tax in Germany: highlighting a joint press conference by DGB President Michael Sommer and German Chancellor Angela Merkel. David Cameron maintains that a European FTT would uniquely disadvantage the UK, but Germany has the second-biggest financial transactions market in the EU, so Germany would if Cameron was right also be a net loser. If only Cameron was less in hock to the financiers of the City! (And if he was less anti-trade union, maybe he could do joint press conferences with the TUC!)
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Categories: Financial Category
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