ETUC
09/04/2010

ETUC urges ECOFIN to support Financial Transaction/Robin Hood Taxes

The General Secretary of the European Trade Union Confederation (ETUC), John Monks today wrote to the President of ECOFIN, Spanish Finance Minister Miss Elena Salgado, and the President of the Eurogroup, Mr. Jean-Claude Juncker, urging ECOFIN to support the Robin Hood Tax, namely a tax on financial transactions.

 

John Monks added: “It is only right and fair that speculations that account for a majority of many financial transactions should pay tax on their activities. The EU should urge the G20 to introduce such a tax urgently so that it can be used to contribute towards the heavy costs being incurred in combating the financial crisis.”

- Video : ETUC supports a Financial Transaction Tax (FTT)


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Last Modification :April 13 2010.