Bloomberg News

Merkel Says ’We Want Financial Transaction Tax in Europe’

February 22, 2012

Feb. 22 (Bloomberg) -- Chancellor Angela Merkel reiterated her support for a financial-transaction tax in Europe as a way to push back on speculation and raise revenue.

“We want a financial transaction tax in Europe,” Merkel told a gathering of Christian Democratic Union party members today in the town of Demmin in the northern state of Mecklenburg-Western Pomerania.

To contact the reporter on this story: Tony Czuczka in Berlin at aczuczka@bloomberg.net

To contact the editor responsible for this story: Patrick Donahue at pdonahue1@bloomberg.net


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