Standoff deepens after claims Angela Merkel will not allow UK 'to get away' with refusal to back financial transactions tax
Eurozone crisis stokes tension between Britain and Germany | Business | The Guardian
Marvellous, I'm sure she'll be a wonderful asset to the team.
Bite the hand and all that, reap what you sow Dave.
Eurozone crisis stokes tension between Britain and Germany | Business | The Guardian
Tensions between Germany and Britain over how to handle the crisis in the eurozone deepened after allies of the German chancellor, Angela Merkel, claimed she would not allow the UK to "get away" with its refusal to back a European financial transactions tax.
Volker Kauder, at the CDU conference in Leipzig, said: "I can understand that the British don't want that [a transactions tax] when they generate almost 30% of their gross domestic product from financial-market business in the City of London.
Comment