European Parliament panel remains behind proposed FTT

The economic and monetary affairs committee of the European Parliament has voted in favor of a revised financial-transaction tax proposal. "The European Parliament has been leading the campaign for the introduction of a financial tax from the very beginning," said parliament member Anni Podimata of Greece, who has led the body's efforts to introduce the tax. "Today's vote proved that we remain consistent and coherent in defending a tax with a wide scope, covering stocks, bonds and derivatives, and addressing specific concerns."

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