Danish minister says financial tax would cost jobs

Denmark has come out against the creation of an EU financial transactions tax, saying it would hamper growth and cost "hundreds of thousands of jobs."

The country's economy minister Margrethe Vestager - who, as part of the Danish EU presidency, currently chairs the regular meetings of EU finance ministers (Ecofin) - told press in Copenhagen on Tuesday (10 January): "We would be very reluctant in promoting something that minimises growth and slashes jobs, particularly now during the cris...