FURTHER DEBATES ON THE CONCLUSION OF THE FISCAL PACT AND THE TRANSACTION FINANCE TAX BECAME CONTROVERSIAL, DESPITE PREVIOUS AGREEMENT.

FURTHER DEBATES ON THE CONCLUSION OF THE FISCAL PACT AND THE TRANSACTION FINANCE TAX BECAME CONTROVERSIAL, DESPITE PREVIOUS AGREEMENT.


         Further debates on the conclusion of the fisacl pact became controversial theme in the German Parliament, the Bundestag between the government's and the Opposition political parties members of Parliament, despite previous agreement on the implementation of the pact after the enaction of the legislation that has been expected to authorize both the government and the Opposition for the conclusion of the debates on the fiscal pact and the transaction finance tax in Germany and the European Union member countries which unfortunately resulted in the withdrawal of three European Union countries from the implementation of the finance transaction tax, due to financial problems and the questions that may have been asked by both the government's and the Opposition's finance experts, particularly on the relation between the finance transaction tax and the fiscal pact within the specified credit range limit of the European Union member nations with saving plans and economic growth expection. However, further debates on the fiscal pact and the transaction finance tax has been postponed untill in two weeks .



                                                 Writen by Professor Godfrey Ohia.