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"As the Eurogroup president, I will take responsibility," he said, but added that the levy was "a joint decision".
LDCs urged that the levy be increased to 3%, or 0.5% of annual GDP, but the developed countries refused.
George Zalokostas, the media director at Unilever Greece in Athens, said that the levy would add to Unilever's advertising costs.
Berlin anticipates that the levy will raise €1 billion to €1.2 billion a year for a so-called stability fund.
The Clinton administration argued at the time that the levy was a user fee, not a tax.
Sweden, which tried and abandoned its own such tax, has repeatedly cautioned that the levy would push trading elsewhere.
Osborne has promised the industry that the levy on bank balance sheets will not raise more than £2.5bn a year.
The media and advertising industry argued that the levy would stunt Greece's burgeoning Internet economy and steered advertisers to offshore competitors, like Google and Yahoo.
To answer criticism that the levy would hit pensioners in expensive homes, he said only those on the 40p higher income tax rate would have to pay it.
Some members of the LDP who resent the road-builders propose that the levy could be shifted into general revenue over three years.
Koichi Hamada, an economist at Yale University who helped to design Abenomics, has said that the levy could be raised in increments of 1% over five years.
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