Cameron warns Hollande against tax plan




David Cameron today issued a blunt warning to French President Francois Hollande that Britain would not accept a Europe-wide financial transaction tax, insisting it was not “a sensible measure”.

Speaking in Washington ahead of their first meeting since Mr Hollande’s election earlier this month, the Prime Minister said the eurozone leaders needed to take “decisive action” to resolve the crisis over Greece.

Mr Cameron said he was looking forward to their meeting at the British ambassador’s residence, adding they were both agreed on the need to promote growth and tackle their deficits.

However he also made clear his opposition to Mr Hollande’s demands for an EU tax on financial transactions which was a key plank of his election campaign.

He said: “We are not going to get growth in Europe or in Britain by introducing a new tax that would actually hit people as well as institutions.

“I do not think it is a sensible measure. I will not support it.”


More in this Section

Memorial Day like no other for Americans under coronavirus restrictionsMemorial Day like no other for Americans under coronavirus restrictions

Trump honours fallen soldiers on Memorial DayTrump honours fallen soldiers on Memorial Day

Dominic Cummings believes he behaved 'reasonably' when travelling during UK lockdownDominic Cummings believes he behaved 'reasonably' when travelling during UK lockdown

'I don’t regret what I did' - Dominic Cummings defends decision to visit Durham amid UK  lockdown'I don’t regret what I did' - Dominic Cummings defends decision to visit Durham amid UK lockdown


Lifestyle

Retail withdrawal symptoms can be quelled with thoughtful online purchases for birthday gifts, to elevate our spirits and help small local and family run businesses, writes Carol O’CallaghanPoster boys: Guide to wall art you can source from local businesses online

Make everlasting mementoes and gifts by growing and drying your own flowers, with help from expert floral artist Bex Partridge.How to dry home-grown blooms

I went to Hanford high school in the US, there is a joke that we all glow in the dark.This Much I Know: Dr Cara Augustenborg, environmental scientist

My girlfriend and I live in a shared house, and she's excited by the idea of having sex during the day, while there are other people in the next room.Sex File: I don't like being spontaneous

More From The Irish Examiner