EU sources - Campaigners welcome steps towards a Financial Transaction Tax - January 31, 2016

Trade union and civil society campaigners have welcomed the latest moves towards a Financial Transaction Tax (FTT). In December 2015, Finance Ministers from ten EU countries agreed on the scope of the tax, which if successfully implemented, would create money for the public sector and curtail the power of the financial industry. According to the (ETUC a Financial Transaction Tax is important for workers primarily to give public finances a much-needed boost for investment to tackle unemployment, generate growth, make Europe more competitive and deal with the refugee crisis. December’s decision was the latest step in the negotiations, which have been ongoing since the financial crisis – and subsequent bank bail-outs.

English: http://www.equaltimes.org/campaigners-welcome-steps-towards ...   

For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Mariya Nikolova mnikolova@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. You may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.


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