THE AGREEMENT ON THE CONTROVERSIAL EUROPEAN UNION FISCAL PACT AND THE TRANSACTION FINANCE TAX IMPLEMENTATION REMAINS UNCLEAR.

THE AGREEMENT ON THE CONTROVERSIAL EUROPEAN UNION FISCAL PACT AND THE TRANSACTION FINANCE TAX INPLEMENTATION REMAINS UNCLEAR.

         
          Despite the agreement hat has been reached between the coalition government political parties and the Opposition political parties on the controversial European Union fiscal pact early morning today in the Kanzler's office which too, has been referred to as the important corner stone points required for the final conclusion of the transaction finance tax and the fiscal pact that entailed tax increase on financial services and Institutions, growth supporting strategies with the budget that will help reduce debt of the European Union member countries, it remains unclear for many people and perhaps the German Parliament to support both the government's and the Opposition parties agreement on the final conclusion of the transaction finance tax and the European Union countries fiscal pact by the enaction of the legislation for its implementation in Germany and in all the European Union countries, except for the three European Union countries that have objected the implementation of both the transaction finance tax and the European Union fiscal pact.


                                           
                                                     Written by Professor Godfrey Ohia.