The European Union has indicated it is ready to work with the Group of 20 leading economies in constructing a global framework for taxing banks.
"We are ready to co-operate with G20 members on globally co-ordinated principles for a stability levy on the financial sector," EU officials wrote in a draft letter earlier this month, seen by Reuters.
The fresh sign of support comes ahead of an informal meeting of EU finance ministers in Madrid later this week (16-18 April), where the f...
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