The 10 European Union countries pushing for a new tax on financial transactions have pushed back a September deadline for a verdict on the plan, according to a European official with knowledge of the talks.
Austrian Finance Minister Hans Joerg Schelling, who’s leading the discussions, presented a compromise proposal in June, and said a “final decision” would have to be made in September when task forces report back on two “technical issues” that remain to be resolved.
Those groups weren’t able to wrap up their work over the summer, however, so the next round of discussions is now planned for an Oct. 10 meeting of euro-area finance ministers, the official said, declining to be identified because the negotiations are private. The delay doesn’t indicate that fresh disagreements on the plan have emerged, the official said.
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