THE TRANSFINANCE TAX REMAINS THE EUROPEAN UNION SECOND CONTROVERSIAL FINANCE THEME TO THE PREVIOUS FINANCE RESCUE PACKAGE TO GREECE.

THE TRANSFINANCE TAX REMAINS THE EUROPEAN UNION SECOND CONTROVERSIAL FINANCE THEME TO THE PREVIOUS FINANCE RESCUE PACKAGE TO GREECE.


Germany's Finance Minister Shauble expressed optimism for a unified a greement among the twenty seven European Union countries on the required implementation of the Transfinance tax intended to ease the European Union Finance packages to the member nations in the meeting held over the last weekend in the Danish capital Copenhagen, inspite of the failure in the second attempt for the conclusion of the Transfinance tax that has been expected to raise annually the estimated huge sum of over fifty two billion euros ($52,000,000,000.00 euros), if a unified a greement is reached by all the twenty seven European Union member countries on the conclusion and the implementation of the Transfinance tax. However, England's and Sweden's refusal remains an obstacle for the required unified a greement on the conclusion and the implementation of the Transfinance tax that seemed to have developed to the European Union second controversial finance theme to the previous Finance Rescue Package to Greece.