Barter is the present and the future of international trade, especially for people who is starting in the import export business. Barter and more: Triangular operations.
The launch of financial transaction taxes in France and Italy has hit demand for stocks, offering a glimpse of the impact a pan-European levy might have on a recovery in market volumes.
European monthly trade as a whole is up 14 percent in 2013 from 2012, helping drive profits across investment banking. But French and Italian turnover is down 10 percent.
According to Thomson Reuters Equity Market Share Reporter data, since the taxes on trades were launched - August 2012 for France and March 2013 for Italy - their market shares have fallen as much as 30 percent and 45 percent, respectively.
With the tax raised less than expected, more pressure is piling on the other nine countries debating a European Commission proposal for a tax across multiple markets, as they decide if and in what form to adopt the plan.
Germany, Spain, Austria, Portugal, Belgium, Estonia, Greece, Slovakia and Slovenia are all part of discussions. But agreement has not yet been reached and any tax is likely to be narrower in scope than originally planned.
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