Brussels, 11/09/2013
The European trade Union Confederation (ETUC) disagrees with the EU Council’s legal services’ claim that the Commission proposal on a Financial Transaction Tax (FTT) is not in line with EU law.
“This just goes to show how strong the forces against the FTT are. This is yet another attempt to try and discredit the tax and water down the proposal which is being discussed by those countries that are committed to the enhanced cooperation process”, said Veronica Nilsson, Confederal Secretary of the ETUC.
She insisted that it would be better if the legal services of the Council “focused their attention on the legality of the austerity measures imposed by the Troika (the Commission ECB and IMF) in the bail-out countries”.