Wednesday, May 20, 2015

Greece proposes imposing bank transaction tax

May 20, 2015

Greece has proposed imposing a levy on certain bank transactions to raise revenues to meet fiscal targets during negotiations with European Union and the International Monetary Fund lenders, two sources close to the talks said on Wednesday.

"There is no final decision yet but it is under discussion," a government official said. "The proposal is certainly not about all banking transactions."

Another source close to the talks said that the discussion was still on a "preliminary level".


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