The incumbent Belgian Prime Minister Yves Leterme (Flemish Christian democrat) told the VRT that the EU will release the results of the so-called “stress tests” that were carried on Europe’s banks.
Mr Leterme added that a bank tax already exists here in Belgium.
Currently a 15% levy is imposed on bank deposits for a period of two years.
“Belgium has played a pioneering role”, Mr Leterme told journalists.
Global bank tax on the table
European leaders plan to put the idea of a global tax on financial transactions on the table at next week’s meeting of the G20 in Toronto.
The press statement issued at the end of meeting is clear: "The introduction of a global tax on financial transactions needs to be explored.”