Merkel lines up transaction tax
Angela Merkel makes surprise call for a global financial tax
Sentiment for a levy on financial institutions was stronger today after
German finance minister Angela Merkel
for an international finance tax.
Chancellor Merkel, speaking prior to a meeting of EU finance ministers
tomorrow, said that a financial tax and stronger regulation would show the world
that Europe had got a grip of the finance industry.
She was opposed to the idea of a bank tax as late as this weekend, according