Schaeuble Doubts Transaction-Tax Deal in Sight as Talks Step Up

  • If no deal this week, talks may resume in 2016, Germany says
  • Austria's Schelling says deal close, has been close before

A push by the European Union to get 11 nations to agree on a set of taxes on financial transactions isn’t any closer to completion, German Finance Minister Wolfgang Schaeuble said Monday ahead of meetings in Brussels that seek a breakthrough by year-end.

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