– We are collectively committed to work hard for a real solution for a first step forward on the FTT, although it probably will not be the end of this year, but early next, said French Finance Minister Michel Sapin in the context of EU finance minister meeting in Brussels on Tuesday.
In addition to France included Germany, Austria, Spain, Italy, Belgium, Greece, Portugal, Slovenia, Slovakia and Estonia in the financial tax cooperation. The goal is still to tax, which is expected to pull in about six billion a year, will be in place from the beginning of 2016.
– We do not give up, Sapin said on Tuesday.
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