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Sarkozy and Merkel Plot £13 Billion Tax Raid on the UK to Save Euro

Thursday 18 August 2011

‘France and Germany yesterday demanded a £13billion-a-year tax raid on Britain to bail out the euro. But a leading think-tank branded the plans ‘economic suicide’ for the UK.

German Chancellor Angela Merkel and French President Nicolas Sarkozy said they wanted to slap a financial transactions tax on all 27 countries in the European Union – in order to prop up the 17 nations in the single currency.’

Read more: Sarkozy and Merkel Plot £13 Billion Tax Raid on the UK to Save Euro