Arab Today, arab today berlin to unveil to fight euro crisis
Last Updated : GMT 12:18:19
Arab Today, arab today
Arab Today, arab today

Berlin to unveil to fight euro crisis

Arab Today, arab today

Arab Today, arab today Berlin to unveil to fight euro crisis

Berlin - Agencies

Berlin wants financial markets to help pay for EU anti-crisis measures, in a deal reportedly aimed at easing parliamentary resistance to the bloc\'s fiscal pact. More stimulus for the eurozone is also planned. The proposals came from a special working group set up by the center-right government to draft proposals for a financial market tax, daily newspaper Rheinische Post wrote on Tuesday. The publication cited an undisclosed source in the government. Chancellor Angela Merkel and her junior partner in the coalition government, the liberal Free Democratic Party (FDP), reportedly agreed on the introduction of a tax during a strategy meeting on Monday. The source said the tax was not designed as a levy on financial market transactions, but added that the government was eager to make financial markets pay the clean-up costs of the financial crisis in Europe. A financial transaction tax has been a key demand of Germany\'s opposition parties. They previously promised to make support of the EU fiscal compact contingent on whether such a tax is introduced. According to the Rheinische Post, FDP parliamentary leader Rainer Brüderle vehemently opposed a financial transaction tax during the meeting. He reportedly argued that the tax \"doesn\'t make sense\" as it would \"primarily burden consumers instead of the financial sector.\" Berlin was reportedly prepared to introduce its newly-designed financial market tax together with a group of \"willing countries\" interested in pushing ahead with the levy despite resistance from other EU members, notably Britain. Stimulus spending Another part of the German government\'s strategy for winning the opposition over to the EU fiscal pact was an economic stimulus package for crisis-hit eurozone countries, the Reuters news agency reported Tuesday. Reuters said it had obtained a government document outlining a series of proposals aimed at kickstarting ailing eurozone economies, especially in the EU\'s southern periphery. The news agency said the proposals included a capital increase for the European Investment Bank (EIB) to shore up funding for infrastructure projects. Germany was also reportedly planning to push for more freedom in using EU structural and cohesion funds to fight youth unemployment in Europe. Reuters said Merkel wanted to streamline fiscal and economic policies of eurozone members in order to make them better coordinated and more binding.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today berlin to unveil to fight euro crisis Arab Today, arab today berlin to unveil to fight euro crisis

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today berlin to unveil to fight euro crisis Arab Today, arab today berlin to unveil to fight euro crisis

 



Arab Today, arab today Etiquette expert calls for short visits

GMT 16:21 2017 Monday ,26 June

Etiquette expert calls for short visits
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday