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Estonia Joins Initiative on EU Transaction Tax

Oct. 9 (Bloomberg) -- Estonia has applied to join the European Union countries seeking cooperation on introducing the financial transaction tax, Prime Minister Andrus Ansip said in a speech in parliament today.

The government had decided on Sept. 27 to participate in the group of countries looking for ways to implement the financial transaction tax “to be able to affect the decisions,” Ansip said. “The decision on whether Estonia will actually introduce such a tax still lies ahead,” he said.

To contact the reporter on this story: Ott Ummelas in Tallinn at oummelas@bloomberg.net

To contact the editor responsible for this story: Balazs Penz at bpenz@bloomberg.net

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