German Chancello Angela Merkel crossed the wires in the las hour, via Reuters, arguing that Europe has not recovered from the financial crisis yet.
Key quotes (via Reuters):
- Europe has not yet recovered from the financial crisis and in the U.S, they are not over it either
- Want to try to do joint reform of corporation tax with France via common tax assessment framework
- It is difficult to guarantee fair tax competition in Europe, britain might follow the model of low taxes islands in the eu like Ireland and Malta
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.