• 03-JUL-2013

  • SOURCE: S&D Group at European Parliament

Crucial Vote for a European Transaction TAX (FTT)

The European Parliament will organize a crucial vote today on the implementation of a European Financial Transaction Tax (FTT). That would introduce a 0.1% tax on stocks and bond trades and 0.01% on derivatives in 11 countries in the European Union* from January 2014. EP rapporteur on the FTT Anni Podimata says the European Council have no excuses for delaying the implementation of such a tax tax. Available video includes a trailer with soundbites and cutaways. An edited package including vox pop, economists interviews as well as an interview with EP rapporteur on FTT Ani Podimata will be available this afternoon.