Start German-French initiative to combat the euro crisis and regulate the financial markets

Summary

Negotiation goals at EU and Eurozone level: Establishment of a European fund for social, solidarity and ecological development to promote structural change, state recapitalization measures for banks only with a permanent majority stake and focus on the core business of credit provision, introduction of a financial transaction tax, further regulatory measures, special property levy on private assets over 1 million. euro

Machine translation from German. The official text remains authoritative.

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• 17/7884

  Drucksache · DE · 23 November 2011

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