Schäuble calls for EU lead on Tobin tax

Report of a FT interview with Wolfgang Schäuble, Germany’s Finance Minister, October 2011.

Amongst the topics discussed he said he wanted the European Union to take the global lead in introducing a financial transaction tax to curb speculative trading, along with tougher regulation of big banks and the 'shadow' banking sector, such as hedge funds.

ESO: Background information: Mayor tells EU to drop financial tax http://www.europeansources.info/record/mayor-tells-eu-to-drop-financial-tax/

ESO: Background information: Warning of unintended outcomes of Tobin tax http://www.europeansources.info/record/warning-of-unintended-outcomes-of-tobin-tax/

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