Earlier this week, Finance Ministers from 10 Eurozone countries finally reached agreement on the principle of a Robin Hood Tax. Legislative drafting will now begin, and campaigners will be pressing the Ministers to conclude the details by December. Mea…Read more…
The time is now: we need a European Robin Hood Tax
Next month, on 17 June, European Finance Ministers will gather for a crunch meeting for the European financial transactions tax (the Robin Hood Tax, or FTT). Campaigners across Europe are urging the…Read more…
Euro-FTT gets a boost as Irish Robin Hood Tax campaign launches
The forces ranged against a European Financial Transactions Tax, popularly known as the Robin Hood Tax, often appear to be growing daily. Although progress is being made in the negotiations between ten EU countries, Estonia dropped out in December because of concerns that it wouldn’t receive…Read more…
“Robin’s alive!” European Financial Transactions Tax almost complete
On Tuesday, Finance Ministers from 10 countries around Europe negotiating the introduction of a Robin Hood Tax reached a landmark decision. It’s not the end of the process, but it is at least the end of the beginning or the beginning of the end: agreement to implement a broad-based tax, using…Read more…
World conference on funding development: much ado about little
The Third International Conference for Financing for Development ended on 16 July in Ethiopia’s capital with the Addis Ababa Action Agenda (AAAA). The four-day event was organised by the UN in collaboration with the World Bank, IMF and developed and developing nations. It had, according to…Read more…
Why is BusinessEurope doing the banks’ dirty work?
BusinessEurope, the body which represents employers’ organisations around Europe (the CBI is its UK member) wrote last week to European Union finance ministers in a last ditch attempt to derail the European financial transactions tax (FTT, aka the Robin Hood Tax) that a group of Eurozone…Read more…
European bankers not pleased at French boost for Robin Hood Tax
On Monday, Finance Ministers from EU member states will meet for the first time since French President Francois Hollande instructed his Finance minister to stop obstructing the Austro-German push for a broad-based financial transactions tax (FTT) , and…Read more…
Wall Street or Main Street? US Democrats plan ‘high-roller fee’
For years we’ve been told that a Robin Hood Tax in Europe or the UK won’t work because the US will never implement one. That day is, admittedly, still a way off. But this week, senior Democrats in the House of Representatives took a massive step forward, with the senior Democrat on the…Read more…