About: ftt

Germany and France to outline EU financial transaction tax proposal

Germany and France will outline on Monday a joint proposal for a financial transaction tax for the European Union that is based on a model already tested in France, the Sueddeutsche Zeitung newspaper reported late on Sunday (2 December).

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.

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.

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.

Greens slam Commission for blocking Panama Papers probe

MEPs from the Greens/EFA group voiced frustration today (2 February) with being blocked in their investigation of the Panama Papers and on the ways in which money laundering and tax evasion are made possible in the European Union.

Monti group challenges the ‘juste retour’ principle in EU budgeting

The ‘Monti group’ will propose new ways of budgeting for the post-2020 period on Thursday (12 January), challenging the principle of ‘juste retour’, and looking at the opportunities of abandoning the UK rebate, according to a draft report seen by EURACTIV.com.

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.

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.

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.

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.

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. 

Monti group to focus on added-value for future EU budget

The so-called Monti group, named after its chairman, the former Italian Prime Minister Mario Monti, is trying to identify what exactly creates European added value, so that more resources for the EU budget would come from there in the future, to the relief of taxpayers, member Ivailo Kalfin told EURACTIV.

EU private and public banks unite against FTT

EXCLUSIVE / Four European banking federations are launching a counter-offensive on the financial transaction tax, after France and Austria tried to table a compromise for rolling out the tax in 2016.

France and Austria table compromise for launching FTT in 2016

France and Austria sought on Thursday (22 January) to break deadlocked talks with nine other European countries for a financial transaction tax, by proposing that it be applied to cover a wide range of transactions, at low rates, starting next year.