Oxfam reaction to Brazil and Argentina supporting FTT

Published: 3rd November 2011

Oxfam spokesperson Luc Lampriere reacting to President Sarkozy today:

“Amid the clamour in Cannes around the Euro crisis it is a ray of good news that Brazil and Argentina will swing in behind France, Spain and Germany on a financial transaction tax. This is the beginning of the group of leaders we’ve been calling to champion an FTT.”

“Now we now need more countries to sign on and an acknowledgement that the lion’s share of the funds should go to fight poverty and climate change.”

Contact information

Oxfam press contacts in Cannes:

Matthew Grainger  matt.grainger@oxfaminternational.org   +447730680837

Magali Rubino   mrubino@oxfamfrance.org   +33630466604

Angela Corbalan  angela.corbalan@oxfaminternational.org +32473562260