Skip to comments.Germany to push for economic reforms in G7
Posted on 06/29/2014 5:40:43 PM PDT by Olog-hai
Germany wants to promote structural economic, financial market and tax reform when it takes over the presidency of the G7 club of rich nations next week, German media reported on Sunday.
Member states must join forces to support an even stronger economic recovery, Finance Minister Wolfgang Schäuble and central bank chief Jens Weidmann said in a written message to other G7 members, the Handelsblatt business daily said. [ ]
Germanythe Eurozones largest economyalso called for progress to address the remaining gaps in financial market regulation, including shadow banks, and on the automatic exchange of tax information.
Schäuble also wants to promote the fight against tax avoidance by multinational corporations, the newspaper reported.
(Excerpt) Read more at thelocal.de ...
What about in E minor?
Let me guess.... not tax cuts and less regulation?
When you’re talking going after banks with respect to tax avoidance rather than evasion and closing whatever loopholes remain in financial regulation, then no, there is no intention to deregulate or cut taxes.