EP vote on Enhanced cooperation on the financial transaction tax: - extracts from the vote on the report Anni PODIMATA (S&D, EL)

Type: News   Reference: 89811   Duration: 00:00:41  Lieu: Strasbourg, France - European Parliament
End production: 12/12/2012   First transmission: 12/12/2012
Eleven EU countries planning to introduce a financial transaction tax (FTT) won a resounding go-ahead from MEPs on Wednesday. Together, they account for 90% of Eurozone GDP. MEPs have long advocated an FTT to make financial market players take more responsibility for resolving the crisis that they caused and to discourage excessive risk-taking in future. "It is not a solution to spare the financial sector from a tax, the very same sector which is now even benefitting from the crisis. Delay in implementing this tax is costing money which is being footed by normal people" said rapporteur Anni Podimata (S&D, EL) in the debate on Tuesday. Her resolution was adopted by 533 votes to 91, with 32 abstentions.

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TIME DESCRIPTION DURATION
00:00:00 Title 00:00:05
00:00:05 Exterior shot of the EP, Strasbourg 00:00:05
00:00:10 EP Vice-President Jacek PROTASIEWICZ opens the vote on the report by Anni PODIMATA (S&D, GR) on the EP consent for enhanced cooperation to introduce a financial transactions tax (FTT) 00:00:28
00:00:38 Digital screen with results: resolution is adopted by 533 votes to 91, with 32 abstentions. 00:00:03
00:00:41 END 00:00:00
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