Latest: Europe
This year began with a flying start for the Robin Hood Tax as in January the European Union gave the green light to 11 countries to implement a Financial Transaction Tax (FTT). This was a huge step forward, a tax estimated to raise €37billion a year is in sight and could be implemented as early as January 2014. The money would provide vital funds that could pay for healthcare and education at home, help people in the poorest...
They’re not waiting around!
Just less than a month since the European Union gave the green light to eleven countries to implement a Financial Transaction Tax (FTT), yesterday the European Commission published details of the tax which is set to be implemented.
The smart design and scope of the tax means it will be extremely difficult for financial institutions to avoid paying up. It won’t matter where in...
Even more good news in Sherwood as the Euopean Parliament votes in favour of the 'enhanced cooperation procedure' for a financial transaction tax in eleven European countries.
With an overwhelmingly positive response from the European Parliament (32 in favour to six against, and one abstention), the 11...
By David Joyce, International Officer at the Irish Congress of Trade Unions.
Two major upcoming major international meetings will take place against a background of growing global unemployment and inequality and major set-backs on economic development in countries across the globe. High level Government delegates will gather for The United Nations Summit, to review progress on the...
