Friday 14 December 2012
Euro budget on hold
Eurozone could agree Banking supervision but not the financial integration to secure the Euro
http://www.ft.com/cms/s/0/903b5dec-4593-11e2-8ccc-00144feabdc0.html#axzz2F1XPCczL
The initial thinking behind the Eurozone budget is that it would small scale 10 - 15 bn Euros and interestingly it could be funded by the financial transaction tax, which where we come in. Although the UK is not in Eurozone most of the revenues raised by this tax will be raised in the UK!
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- Peter Oborne explains the Tory party politics
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- Euro budget on hold
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