News

Campaign for Financial Transaction Tax (FTT) gets larger support!

SOLIDAR has been involved in this topic since the launch of the FTT campaign (and the Robin Hood campaign) and we will continue to mobilise our constituency in favour of the FTT. Today everyone speaks about the necessary financial consolidation and austerity policies including its negative effects on public and social expenditure, however there is an urgent need for a social consolidation, for which the FTT is a step in the right direction. The citizens’ initiative, a new instrument of participatory democracy enshrined in the Lisbon Treaty, is a way to mobilise the public opinion in Europe and to put pressure on the European institutions concerning a regulation of the financial markets and a FTT.

We remind all those who think that the citizens’ initiative is not an appropriate instrument for parties that the initiative embraces a larger coalition also strongly involving trade unions and civil societies, not only political parties from the center-left.

Support the Europeans for Financial Regulations campaign to Regulate Global Finance Now!