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January 30, 2012

France To Impose Financial Transaction Tax 
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French President Nicolas Sarkozy has announced plans to unilaterally
impose a 0.1 percent tax on financial transactions in France starting in
August — a move strongly opposed by the nation's financial sector.
Sarkozy said: “There’s no reason why deregulated finance, which
brought us to the current situation, can’t participate in the
restoration of our accounts.”



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