A broad coalition of NGOs, political organizations and trade unions today (7 September), called on EU Finance Ministers to recognize the merits of an European-wide Financial Transaction Tax (FTT), particularly as austerity measures begin to be felt throughout the EU.
The fact that the IMF is proposing that adaptation efforts are funded by grants rather than loans is positive. But this will only work if developed countries ensure the money is there to resource this vital assistance to vulnerable countries.
Around the world, momentum is building behind a tiny tax on bankers that could generate billions of dollars to help ordinary people and fight poverty and climate change around the world. Join the fight and sign the Robin Hood Tax petition now.