Owen Tudor
Yet another international gathering has backed the call for a Financial Transactions Tax, and again, developing countries are a key element of those making the demand. The EU-ACP Joint Parliamentary Assembly met in Budapest from 16-18 May and adopted a declaration including the following statement:
“Recalls the need, in order to achieve the MDGs, to use innovative financing methods, such as the levying of a tax on financial transactions”
The Assembly brings together MPs from 78 African, Caribbean and Pacific (hence, ACP) developing countries with 78 MEPs in plenary session for one week twice a year. Hat tip to David Martin MEP for the news.
Comment made by Bill Kruse on May 22nd 2011 at 3:33 pm:
It would be innovative if they started to make public the fact that banks make up money when they pretend to lend it and accounting itself was revamped to accurately reflect that.
BB