Date: 5th October 2016
Author:
Type: In the news
EuroFinuse supports the main objective of the European Financial Transaction Tax (FTT), “to ensure that financial institutions make a fair and substantial contribution to covering the costs of the recent crisis…and to ring-fence the real economy, SMEs, housholds etc.”
But EuroFinuse is very concerned that the latest European Commission proposal does not meet at all this objective, and that – once again – EU citizens are likely to bear the bulk of the FTT in lieu of financial institutions.
Read the press release here