US and EU to pursue bank levies "in their own way"
The US and Europe will pursue levies on the financial system “in their own way” rather than through a common global tax plan, according to an aide to President Barack Obama.
The US and Europe will pursue levies on the financial system “in their own way” rather than through a common global tax plan, according to an aide to President Barack Obama.
The US leader discussed possible bank fees and taxes in meetings today with French President Nicolas Sarkozy and German Chancellor Angela Merkel during a Group of 20 summit in Cannes, France, said Michael Froman, a deputy national security adviser.
Euro zone nations ...
