Bloomberg News

Italy Willing to Consider Bank Transaction Tax, Monti Says

January 09, 2012

Jan. 8 (Bloomberg) -- Prime Minister Mario Monti said his government is willing to consider supporting a tax on bank transactions.

Speaking in an interview on the “Che Tempo Che Fa” talk show on state-owned RAI television, Monti said his position was somewhere between that of French President Nicolas Sarkozy, who has said France will unilaterally impose the tax and that of German Chancellor Angela Merkel, who opposes such a levy unless the entire European Union adopts the measure.

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