Obama spoils Sarkozy's FTT party
Friday 4 November 2011 - by Regulation Mutters
In case there were any lingering doubts, it was confirmed this week that President Barack Obama is firmly backing the financial sector over the FTT.
This now leaves the Frenchmen and Angela Merkel to ponder whether Europe - nay the eurozone - can take the risk and implement the tax on its own, as Britain will surely reject any EU-wide tax.
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