Tags: EU | EU | Global | Financial | Tax

France Says EU Wants Global Financial Tax

Thursday, 17 Jun 2010 02:21 PM

French President Nicolas Sarkozy says European Union leaders will call for a a global tax on financial transactions.

He says the 27 leaders want the United States and others to back a tax at a Group of 20 summit of rich and emerging nations in Toronto next week — despite opposition from some nations.

It is unclear how exactly a global tax would work.

Sarkozy spoke Thursday at the 27-nation EU summit in Brussels.

© Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

1Like our page

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

© Newsmax Media, Inc.
All Rights Reserved