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EU financial-transaction tax plan in doldrums as Belgium heads towards exit
Published Thu, May 5, 2016 · 09:50 PM
Brussels
BELGIUM'S finance minister signalled his country may pull out of plans by a group of European Union (EU) nations to impose a financial-transaction tax, a step that would leave the initiative hanging by a thread.
Johan Van Overtveldt said he is opposed to the levy and is winning the argument within the four-party coalition government to withdraw from negotiations over fears that the tax would drive business away.
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