European Union Office
Read how Oxfam is challenging EU policies to make them work for the world’s poor
In reaction to the European Parliament's plenary vote on the Financial Transaction Tax, Nicolas Mombrial, Oxfam’s EU Policy Adviser said:
Ireland will take over the EU Presidency at a time when Europe struggles to come out of a deep economic and financial crisis. Urgent negotiations on the Euro crisis will demand a lot of attention from the Presidency, but this should not overshadow the importance of setting the longer term strategies that will define the Europe, and the world, we will have in the next seven years.
MEPs will vote in plenary on whether they will give their ascent to the group of 11 countries that want to move ahead with implementing a Financial Transactions Tax (FTT) under the ‘enhanced cooperation’ procedure. The vote will be preceded by a debate on Tuesday 11th December. Oxfam hopes that the European Parliament will vote in favour so that the coalition of countries who want to move forward with the FTT can do so quickly.
International development agency Oxfam and the European Network on Debt and Development (Eurodad) welcome the European Commi