By Francesco Guarascio
November 10, 2015, Reuters
Italy and other European states have expressed reservations on the scope of a common financial transactions tax (FTT) although some progress has been made on narrowing differences, Italy's finance minister said on Tuesday.
Germany and France proposed the FTT in 2012, with the euro zone debt crisis raging, as a way of correcting excesses in the financial sector that was blamed for the worst market turmoil and decline for decades. It has been debated ever since.
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