France says European FTT goes too far – no kidding, but thanks for pointing it out

The divisions in the EU over how far the FTT should extend have reached new heights. Recently Christian Noyer, Governor of the Central Bank of France, pushed back hard on how far the FTT should go while Germany is agreeing to support it. This gets to a main philosophical point of the FTT to begin with: who is it targeting and what is the main point anyways?

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