The idea of a contribution on international financial transactions is an old one and was in the air when the Leading Group started work, but it was reactivated when the financial crisis began at the end of 2008. Promoted by NGOs in particular, it is one of the options in the Landau report.
Three European Development Ministers, Mr. Pascal Canfin (France), Mr. Dirk Niebel (Germany) and Mr. Jean-Pascal Labille (Belgium) signed an article, published in the Belgian and Spanish press, calling for an allocation of part of the revenues from the FTT to development.
You can read it here:
20 June 2013Printable version