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MEP Podimata on offensive over FTT

Wednesday 9 March 2011 - by GFS TV

A campaign to persuade the European Union to introduce a financial transactions tax has issued this video featuring Greek MEP Anni Podimata.

The MEP was the author of a report, backed by the European Parliament this week by 529 to 127, which calls for the controversial tax on financial instruments.

Podimata says: "This is the second time that this Parliament has called for a financial transaction tax. It is now time for the European Commission to act.

"Citizens have been hit hard by the financial crisis and face growing unemployment.

"At the same time, the financial sector remains largely under-taxed and has this year enjoyed profits and bonuses at pre-crisis levels."

The video was produced by the Europeans for Financial Reform.





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