German Finance Minister Olaf Scholz is reportedly planning to propose a limited financial transactions tax (FTT) to the other EU Member States that have been taking part in FTT negotiations through an enhanced cooperation procedure. The FTT has been pursued by a number of EU Member States through the enhanced cooperation procedure following the European Council's inability to reach unanimity on an FTT proposal in 2012. The German proposal would include 0.2% FTT on the purchase of shares of publicly listed companies with a value exceeding EUR 1 billion, while shares purchased as part of an IPO and derivatives trading...