SUBSCRIBERS
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.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Chinese companies hit with US trade restrictions over spy balloon incident
China’s BYD will consider second Europe plant in 2025, executive says
Xi touts China-Hungary relations as a good blueprint for Europe
India’s 2023/24 fiscal deficit seen slightly better than projected: source
Bank of England holds rates at 16-year high, moves closer to first rate cut since 2020
US weekly jobless claims increase more than expected