Brussels: Hammond rejects defence procurement plan, ECB execut...

To view this email as a webpage, click here     Wednesday September 11 2013     European Union News   Hammond rejects defence procurement plan   Mr Hammond said extending the commission's hitherto minimal role on defence, was not in the best interest of the UK industry       ECB executive warns on US taper fallout   Jörg Asmussen, a German member of the ECB executive board, says the effects of Fed tightening could exceed even the events of 1994     Brussels concerned over France pensions   European Commission signals dissatisfaction with measures just as thousands of demonstrators take to the streets to protest against them     Financial transaction tax hits legal wall   Conclusion of EU legal adviser's paper points to far less ambitious common levy than initial plans indicated, more resembling a stamp duty     City should relax and learn to love a diluted FTT   Legal beagles believe levy is inequitable, ultra vires and incompatible with the tax competences set out in EU treaties. They could simply have said "it stinks" but that would not have padded their billable hours               Manage email    Forward this email   Feedback    Manage portfolio Subscribe to the FT Follow the FT   Unsubscribe | My Account | RSS | Privacy Policy | About Us | Help   © THE FINANCIAL TIMES LTD 2013 You have received this email because you have signed up from the NBE preference page. This email was sent by a company owned by Pearson plc, registered office at 80 Strand, London WC2R 0RL. Registered in England and Wales with company number 53723.