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Financial transactions tax

EU finance ministers have given 11 nations a final go-ahead to launch a controversial financial transactions tax -- called also "Tobin Tax" -- seen by many as a way of making the finance sector pay for the economic crisis. The group were authorised to go ahead with the planned levy under a rare procedure enabling a minimum of nine EU nations to work together without the rest of the 27 EU states when there is no general agreement. VIDEOGRAPHIC

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