I can't read the article, but if it's Ireland who wants to force a QMV vote...And France and Germany who wants to postpone...It's a good sign.
Try this link instead: http://www.google.co.uk/url?sa=t&rc...aWONRfLZJCdCmkxxnlufAPw&bvm=bv.41018144,d.d2k
This was the last estimate of voting intentions on 14 December. AFAIK no country has actually declared that they'll vote no in QMV so we'll just have to wait and see. Even if it passes QMV it can still be challenged in the courts.
Many countries in the EU are slipping into or already in recession. Hopefully - and I know we can't bank on hope - these countries will come to understand "don't raise taxes during a recession." Just read about Finland and Nokia today and how they are in recession and there is gloom. It's probably one reason why they said no to FTT and cheering from Brussels. Who wants to hurt their tax base to fund Greece? Northern EU countries resented bailouts before and they will resent them more as the recession bites during this cold winter. They are getting cold feet on FTT. I do think that France and Germany are stalling a losing QMV vote. Like Leader Harry Reid not bringing a bill for voting on the Senate floor. Pile on the media comment boards with "don't raise taxes and hurt your economic base during a recession." That argument makes politicians very nervous. Of course, we know FTT is bad in any economic cycle. The EU is losing manufacturing jobs to emerging markets due to significant wage and payroll tax differences. Why tax banks and capital with FTT which will chase banking and finance jobs to emerging markets, too?
Ireland to push for a deal on financial transaction tax European Voice http://www.europeanvoice.com/articl...deal-on-financial-transaction-tax/76163.aspx. Needs a login. The first meeting of the year of European Union finance ministers, which will be chaired by Ireland's Michael Noonan, could be boosted by an agreement to establish a financial-transaction tax. Officials from Ireland, which took over the rotating ...
According to this, QMV will take place next week: http://www.fxcentre.com/news.asp?3025451 [...]The Ministers noted that at next week's Ecofin, the first under the presidency of Minister Noonan, the Council will take a decision to authorise Member States to move ahead under enhanced cooperation in the area of a Financial Transaction Tax.[...]
RANsquawk: EU finance ministers likely to pass financial transaction tax enhanced cooperation http://www.redliontrader.com/stream...nancial-transaction-tax-enhanced-cooperation/