Iceland Explores Tobin Tax to Protect It From Carry Trade Risks

  • Tobin tax could be one of many measures, lawmaker says
  • Says measures could be needed permanently to ensure stability

Iceland will need a broad package of measures, including potentially a financial transaction tax, to ensure stability as it prepares to unwind the last of its capital controls, according to the head of parliament’s economic affairs committee.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.