German development minister against transactions tax

Posted by Kendall Harmon

Germany's new development minister said Saturday he opposed taxing financial transactions, putting him at odds with support for such a levy expressed earlier this year by Chancellor Angela Merkel.

"I am speaking out clearly against a tax on financial transactions which would be used to finance development aid," said Dirk Niebel, a member of the pro-business Free Democrats who took up his post in October.

"It is already a stated position of the liberal party."

Read it all.

Filed under: * Economics, PoliticsEconomyStock MarketTaxes* International News & CommentaryEuropeGermany

1 Comments
Posted December 8, 2009 at 5:55 pm [Printer Friendly] [Print w/ comments]



1. Kendall Harmon wrote:

I always like it when good news comes from Europe.

December 8, 6:39 pm | [comment link]
Registered members must log in to comment.




Next entry (above): Statement from West Texas Bishops on the election this past weekend in the Diocese of Los Angeles

Previous entry (below): Bloomberg News: Minarets and Slender Arguments

Return to blog homepage

Return to Mobile view (headlines)