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Eurozone nations delay financial transaction tax deal until 2016

Supporters argue it can avoid a repeat of failings of the financial markets which led to 2008 crisis

Brussels

EUROZONE nations on Tuesday failed to secure a deal on a controversial financial transactions tax but said they aimed for an agreement in mid-2016 despite the furious opposition of Britain.

The plan was first proposed in 2011 to force banks and investment houses to pay for

sentifi.com

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