Dr. Merkel- setting high standards for leadership

Ten EU nations to press ahead with market transaction tax - The Economic Times: "BERLIN: Germany and nine other European Union nations will press ahead with plans to introduce a financial market transaction tax, following failed attempt for an agreement to levy it across the EU.

The finance ministers of the 27-nation EU, who met in Luxembourg on Friday, came to the conclusion that an agreement to impose the tax across the bloc will not be possible in the foreseeable future, German Finance Minister Wolfgang Schaeuble told the media after the meeting. "