Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-03-08-Speech-2-312-000"
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"en.20110308.22.2-312-000"2
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"During today’s vote on the Podimata report on innovative financing, a separate amendment was voted on that called on the Commission to come forward with proposals for an EU-level financial transaction tax proposal in the absence of any initiatives at the G20 level.
I voted in favour of the amendment for the purposes of group solidarity and because I believe that clear support for the concept of an FTT from Europe may spur further discussions at the G20.
However, I am very clear that the introduction of an FTT at EU level, if not also implemented globally, raises potential risks to the UK’s competitive position as a financial centre, which has a clear impact on citizens in South-East England. I am very wary of an EU-only FTT and believe that any proposal must be rigorously impact-assessed to ensure that the positive impacts outweigh the downsides for my constituents. Prior to the result of such an impact assessment, I flatly reject proposals for a blanket 0.05% FTT on all financial transactions as being arbitrary and ill thought-out."@en1
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The resource appears as object in 2 triples