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BRUSSELS — European leaders ganged up against fat bonuses to bailed-out bankers Thursday, hoping to create a groundswell of support from around the globe.
British Prime Minister Gordon Brown and French President Nicolas Sarkozy agreed it was a good idea to slap higher taxes on performance pay, especially considering such bonuses are back on the rise after last year’s financial meltdown that led to taxpayer-funded bailouts in some cases. German Chancellor Angela Merkel also embraced the idea.
Luxembourg Premier Jean- Claude Juncker, who is chairman of the group of nations using the euro, also said most EU nations were in favor of some kind of tax limit for bank bonuses.
