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Press Release 22/01/2013
"This is a crucial year for Europe's stability and growth. The EPP Group welcomes the Council's green light for implementing the enhanced cooperation in the Financial Transaction Tax (FTT). For us, it is of major importance that the financial sector contributes, as any other economic sector, to the collective effort to grow out of the crisis. This is the next step out of the crisis. For now, 11 Member States are willing to participate, for the rest the doors are open and they can join at any moment", said Jean-Paul Gauzès MEP, EPP Group Coordinator in the Economic and Monetary Affairs Committee of the European Parliament.
"The European Parliament has been supporting the creation of the FTT for a long time. We call on the European Commission to swiftly put forward the new proposal for a Directive. I hope that the initiated enhanced cooperation agreed on by 11 Member States will pave the way for a European and then global agreement on the Financial Transaction Tax. The added value is indisputable - the FTT will fight against speculation, will introduce more justice into the fiscal system and should, in the long run, enable the strengthening of EU own resources", he said.
Member States participating in the enhanced cooperation on FTT are: Belgium, Germany, Estonia, Greece, Spain, France, Italy, Austria, Portugal, Slovenia and Slovakia.
The European Parliament adopted its Report on the FTT on 12 December 2012 by a large majority.
The Parliament will be involved on the basis of the consultation procedure. The vote will most likely take place during the May or June plenary session in Strasbourg.
For further information:
Jean-Paul Gauzès MEP, Tel: +32-2-2845700
Marion Jeanne, EPP Group Press and Communications Service, Tel: +32-479-840293
Katarzyna Klaus, EPP Group Press and Communications Service, Tel: +32-484-138359
Notes to Editors:
The EPP Group is by far the largest political group in the European Parliament with 270 Members and 3 Croatian Observer Members.
"This is a crucial year for Europe's stability and growth. The EPP Group welcomes the Council's green light for implementing the enhanced cooperation in the Financial Transaction Tax (FTT). For us, it is of major importance that the financial sector contributes, as any other economic sector, to the collective effort to grow out of the crisis. This is the next step out of the crisis. For now, 11 Member States are willing to participate, for the rest the doors are open and they can join at any moment", said Jean-Paul Gauzès MEP, EPP Group Coordinator in the Economic and Monetary Affairs Committee of the European Parliament.
"The European Parliament has been supporting the creation of the FTT for a long time. We call on the European Commission to swiftly put forward the new proposal for a Directive. I hope that the initiated enhanced cooperation agreed on by 11 Member States will pave the way for a European and then global agreement on the Financial Transaction Tax. The added value is indisputable - the FTT will fight against speculation, will introduce more justice into the fiscal system and should, in the long run, enable the strengthening of EU own resources", he said.
Member States participating in the enhanced cooperation on FTT are: Belgium, Germany, Estonia, Greece, Spain, France, Italy, Austria, Portugal, Slovenia and Slovakia.
The European Parliament adopted its Report on the FTT on 12 December 2012 by a large majority.
The Parliament will be involved on the basis of the consultation procedure. The vote will most likely take place during the May or June plenary session in Strasbourg.
For further information:
Jean-Paul Gauzès MEP, Tel: +32-2-2845700
Marion Jeanne, EPP Group Press and Communications Service, Tel: +32-479-840293
Katarzyna Klaus, EPP Group Press and Communications Service, Tel: +32-484-138359
Notes to Editors:
The EPP Group is by far the largest political group in the European Parliament with 270 Members and 3 Croatian Observer Members.
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