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Vestager (l) showed interest in Schauble's (r) idea (Photo: Danish EU presidency / Bjarke Oersted)

EU countries explore alternatives to financial tax

Finance ministers are exploring alternatives to an EU-wide financial transactions tax (FTT), with a new German proposal attracting interest from FTT refusenik Sweden.

"Colleagues have aired ideas of an activity tax. Another proposal is to take inspiration from British stamp duty and see if that could work. I think in the process more ideas will come forward," Danish economic affairs minister Margrethe Vestager said in Copenhagen on Saturday (31 March), after a two-day-long informal mee...

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