About: financial transactions tax (FTT)

Development Policy 14-11-2017

Macron’s missing billions to fulfill development aid promises

The French budget dedicated to international solidarity is expected to increase by €500 million over the next three years. But the government estimates that €6.4 billion will be needed by 2022. EURACTIV France reports.

Future EU 27-09-2017

Macron relaunches financial transaction tax project, including the UK

French President Emmanuel Macron promised to allocate all future earnings of a financial transaction tax to European solidarity. But with Brexit in mind, it may be too ambitious to relaunch the project with all 28 member states. EURACTIV France reports.

Development Policy 11-07-2017

French backtracking on FTT undermines development commitments

France’s development aid objectives appear to be compromised by a reduction in the base of the Financial Transaction Tax (FTT), which funds more than 20% of the country’s international solidarity effort. EURACTIV France reports.

Climate change 07-07-2017

France raises its environmental game with ambitious new climate package

With plans to make France carbon neutral and phase out fossil fuel-powered vehicles by 2040, Paris is showing new levels of ambition when it comes to the environment. EURACTIV France reports.

Economy & Jobs 22-03-2017

Belgium told to get off the fence, stop blocking FTT

EU finance ministers have presented a compromise text for the Financial Transaction Tax (FTT) and urged Slovakia and Belgium, which is accused of deliberately blocking negotiations, to ratify it. EURACTIV France reports.

Economy & Jobs 06-03-2017

FTT blockage illustrates pitfalls of multi-speed Europe

As France, Germany, Spain and Italy meet to perfect their vision of a future multi-speed Europe, the stalemate over the Financial Transaction Tax (FTT) raises the question of whether some states are capable of working together efficiently. EURACTIV France reports.

Development Policy 03-11-2016

French MPs: Hollande’s presidency ‘catastrophic’ for development

Development suffered the second deepest cuts of any budget during François Hollande's term in office, just after spending on military veterans. The French government has promised to turn the ship around in 2017. EURACTIV France reports.

Euro & Finance 21-10-2016

France strengthens financial transaction tax to fund development

France will increase its Financial Transaction Tax in an attempt to halt the decline of its official development assistance budget, which has been cut each year since 2012. EURACTIV France reports.

Development Policy 19-10-2016

French MP: Banking lobby’s ‘long reach’ undermines Financial Transaction Tax

Paris hopes to capitalise on Brexit to take over from London as the EU’s major financial hub. But this ambition could undermine France's promise to broaden the Financial Transaction Tax, Eva Sas told EURACTIV France.

Pierre Moscovici
Euro & Finance 12-09-2016

FTT to be pushed through ‘by the end of the year’

Plans for a European Financial Transaction Tax have not advanced since 2012. Now the Commission wants to have the project wrapped up by the end of the year, setting a precedent for an EU-wide corporation tax. EURACTIV France reports.

Development Policy 02-09-2016

Hollande does U-turn, increases French development aid

François Hollande has announced an increase to France's official development assistance budget for 2017, putting an end to several consecutive years of funding cuts. EURACTIV France reports.

Development Policy 17-06-2016

French development boss: 1% owning 99% of wealth ‘is not normal’

Worsening inequality is a threat to the achievement of the global Sustainable Development Objectives. To turn the situation around, the governments of developing countries must invest heavily in public services, says Philippe Orliange.

Development Policy 16-12-2015

French 2016 budget exposes empty promises on development

France's numerous promises of aid for the Global South do not feature in the government's 2016 budget bill, which will finally be adopted today (16 December). EURACTIV France reports

Development Policy 10-12-2015

How the emerging economies are stealing the show at COP21

China, India, Brazil and South Africa are raising big questions over climate finance at COP21, a strategy that allows them to monopolise the limelight at other countries’ expense. EURACTIV France reports

Euro & Finance 08-12-2015

Ten EU states agree aspects of Financial Transaction Tax

Ten euro zone countries agreed on Tuesday on aspects of a harmonised tax on financial transactions - and gave themselves until the middle of next year to reach agreement on remaining issues, including tax rates, the group said in a statement.

Development Policy 03-12-2015

France targets African renewables projects for climate finance

African countries are among the world's smallest emitters of CO2, but are on the front line of climate change. France has pledged additional funding for climate adaptation, amid accusations of recycling old money. EURACTIV France reports

Development Policy 20-10-2015

France to use 50% of FTT revenue on overseas aid

The French parliament has adopted a proposal to allocate 50% of the Financial Transaction Tax to the country's development budget, bringing to an end four years of cuts. EURACTIV France reports

A Europe of progress close to its people

Europe needs radical social reform, including a basic income, eurobonds and a financial transaction tax, argues Georges Dassis.

Development Policy 15-10-2015

France rows back on development aid cuts

After four consecutive years of cuts, France will stabilise its aid budget in 2016. This is a first step towards the €4 billion increase promised by president François Hollande. EURACTIV France reports

Development Policy 12-10-2015

French plans to expand FTT may sink European negotiations

French MPs have voted to apply the Financial Transaction Tax to day trading, but the Ministry of Finance fears this will cause further delays to European negotiations. EURACTIV France reports

Climate change 09-10-2015

Climate finance: The Global North is failing on its $100 billion promise

A report by the OECD has found that efforts will need to be stepped up if developed countries plan to honour their promise of providing $100 billion per year to the Global South from 2020. Journal de l'Environnement reports

Development Policy 30-09-2015

Hollande boosts COP21 climate finance efforts

The French leader has promised an extra €2 billion per year to finance the fight against climate change in the Global South. EURACTIV France reports

Euro & Finance 04-09-2015

Capital Markets Union another obstacle for FTT

As the 11 countries considering the Financial Transaction Tax prepare to finalise the details its details at the next Ecofin Council, many aspects of the tax are still hazy. EURACTIV France reports

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Euro & Finance 22-07-2015

Ten tips for a successful Capital Markets Union

The European Union plan for a Capital Markets Union can help unlock the latent potential in financial markets. The banking industry is ready to support this proposal.