PRAGUE, Aug 31 (Reuters) - The Czech Republic does not agree with the idea of introducing a tax on financial transactions, Prime Minister Petr Necas said on Wednesday.
An intention to introduce a Europe-wide transaction tax has been agreed by Germany and France, looking to shore up their budgets in the face of euro zone’s debt crisis.
Necas told a news conference that such a tax would hurt clients via higher banking fees. The Czech Republic is an EU member but has not adopted the euro currency.
Reporting by Robert Mueller, writing by Jan Lopatka