European Commission President Jose Manuel Barroso said today at the G20 that he expects agreement on a Financial Transaction Tax (FTT) to be reached soon.
Europe’s crisis must be fixed because it is becoming a serious drain on developing countries already reeling from volatile food prices and aid cuts. But it’s not good enough for the G20 to fixate on Europe and forget about the rest of the world.
With the UN Rio+20 talks effectively at a stalemate, Oxfam today calls on the Brazilian government to provide the leadership that is so urgently needed to rescue the Rio 92 Earth Summit legacy, and chart a path toward equitable and sustainable development.
The G20, the preeminent global economic decision making body, has thrown its political weight behind the commitment to shared growth and narrowing the development gap through its Seoul Deve
Oxfam spokesperson Luc Lampriere said:
On Robin Hood tax/financial transaction tax
Speaking at the G20 finance ministers meeting, Max Lawson, Oxfam spokesperson, said: “While the G20 squabbles, poor people from Greece to Ghana