Mercoledì, 26 Settembre 2018
BRUSSELS

Italy to raise 1 billion euros from Tobin Tax

English
© ANSA

Brussels, January 22 - The newly approved fee on
financial transactions will raise approximately one billion
euros for Italy, the country's Economy Minister Vittorio Grilli
said on Tuesday.
EU finance ministers gave their backing to enhanced
cooperation for the introduction of the so-called Tobin Tax -
named after Nobel economics laureate James Tobin - in 11
European countries including Italy, Germany, France, Greece and
Spain at an Ecofin meeting in Brussels on Tuesday.
"Italy has already intervened in the knowledge that other
countries would also follow a similar path," said Grilli in
reference to provisions to introduce a tax on investment
transactions contained in the 2012 budget law.
"It will be important for us to see how the provision
evolves in order to coordinate future governments with respect
to what has already been introduced," he concluded.

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