Sunday

28th Aug 2016

Ticker

EU finance tax to reap billions

An EU-wide tax on financial transactions covering 11 eurozone countries could raise up to €35 billion a year, reports AFP, citing an unnamed EU source. The figure is based on estimations made by European Commission experts preparing draft legislation on the tax.

News in Brief

  1. Hungary plans to reinforce border fence against migrants
  2. France's highest court suspends burkini ban
  3. Greeks paid €1bn more in taxes in June
  4. Greek minister denounces EU letter on former statistics chief
  5. Turks seeking asylum in Greece may cause diplomatic row
  6. Merkel becomes digital resident of Estonia
  7. Report: VW will compensate US dealers with €1bln
  8. EU mulls making Google pay news media for content

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