Video from European Parliament available on Progressive Euro MPs Win Crunch Vote for Robin Hood Tax

Mar 09, 2011, 08:20 ET from

NEW YORK, March 9, 2011 /PRNewswire/ -- Get content from European Parliament at:  

Tuesday 8 March, Euro MPs called on the EU to promote a financial transaction tax at global level and to implement it across the EU as a first step. The tax would produce significant new sources of finance as an alternative to harsh cutbacks in public spending. The call came in a resolution drafted by S&D MEP Anni Podimata (Greece), which MEPs in Strasbourg backed by a cross-party majority of 529 to 127 with 18 abstentions. The introduction of an FTT is part of a package of measures on innovative financing. Available video includes an edited package.

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