Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-03-10-Speech-3-252"

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"en.20100310.19.3-252"2
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"We have voted overwhelmingly today to maintain the political momentum behind a global financial transaction tax (FTT). It is clear that the time has come for radical action to ensure the financial sector pays its way in the wake of the crisis and an FTT could be an important tool. It has strong support from the public and from NGOs and Unions across Europe. An FTT could help reduce volatile and risky financial trading while raising billions to help tackle the effects of climate change and help developing countries who have been hit hardest by the financial crisis. This resolution calls for the Commission to analyse options for such a tax and sends a clear signal that Europe will push for a global agreement to deliver on the public’s demand for action. It is disappointing that the ECR Group and its Conservative Members, who are clearly against any financial transaction tax, have chosen in their statements to deliberately misrepresent today’s vote as a call for an EU-only FTT. If Europe takes no action and comes to no view, then we will be left out of the international debate – our vote today is a mandate instead for Europe to help lead this debate."@en1
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