The Financial Transactions Tax (FTT) – the Time is Now

Stamp out poverty

Chancellor Christian Kern, AUSTRIA

Prime Minister Charles Michel, BELGIUM

President Francois Hollande, FRANCE

Chancellor Angela Merkel, GERMANY

Prime Minister Alexis Tsipras, GREECE

Prime Minister Matteo Renzi, ITALY

Prime Minister António Costa, PORTUGAL

President Andrej Kiska, SLOVAKIA

President of the Government Miro Cerar, SLOVENIA

Prime Minister Mariano Rajoy, SPAIN

 

<DATE>                                                                                                                  

For the attention of: <NAME>

 

Dear <NAME>,

RE: The Financial Transactions Tax (FTT)  – the Time is Now

We, the undersigned, coalitions of civil society organisations and trade unions representing many millions of European citizens, acknowledge your combined efforts over 5 years to agree an international FTT. 

In the wake of the leaks of the Panama Papers, efforts to clean up the financial sector must be accelerated, and the FTT is an important element of Europe’s approach to this problem.  In addition to raising substantial revenue to protect jobs and public services in Europe, and help combat poverty, pandemics and climate change in the wider world, the FTT would provide tax authorities with a clearer picture of the ownership of financial assets, helping in the fight against fraud and other crimes.  Furthermore, the FTT raises revenue from precisely those institutions doing so much to enable the use of tax havens: the big banks.

The stage is set for an historic announcement in June.  The FTT is hugely popular with the general public, and you have a clear opportunity to put the welfare of Europe’s citizens – and indeed of the poorest around the world – ahead of the interests of the financial sector. 

Our message to you is that the Time is Now for the FTT. 

The technical analysis has been completed, what is now required is political agreement.  We were profoundly disappointed that you were unable to reach a resolution by last year’s December deadline. The fruits of your endeavours must be realised in June, the new deadline that you have committed to.  Agreement would be greeted as a remarkable step forward that sets the lead for other countries to follow. Any further delay would be deeply unpopular.

Make history, make the FTT happen now!

 

Yours sincerely,

EUROPEAN FTT COALITIONS

 

1. Austria: On behalf of a broad coalition of 127 civil society organisations:

Heinz Hödl – Director KOO-Coordination Office of the Austrian Bishop’s Conference for Development and Mission

Annelies Vilim – Director, Global Responsibility, Austrian Platform for Development and Humanitarian Aid

            Alexandra Strickner – Chairperson, ATTAC Austria

 

2. Belgium: On behalf of a broad coalition of 150 civil society organisations and over 25,000 volunteers:

            Arnaud Zacharie – General Secretary, CNCD-11.11.11

            Stefaan Declercq – General Secretary, Oxfam Belgium

            Eric Goeman – Spokesperson, ATTAC Flanders

            Bogdan Vanden Berghe – Director, 11.11.11

 

3. Denmark: On behalf of the Danish Robin Hood Coalition consisting of 12 member organisations:

            Lars Koch – IBIS, Director of Programmes & Influence 

 

4. Finland: On behalf of a Platform of 318 development NGOs

            Timo Lappalainen – Executive Director, KEPA (the national platform for Finnish development NGOs)

 

5. France: On behalf of French NGOs and citizens supporting the French Robin Hood Tax Campaign:

            Claire Fehrenbach – Executive Director, Oxfam France

            Hakima Himmich – President, Coalition PLUS

 

6. Germany: On behalf of the ‘Steuer gegen Armut’ campaign supported by 99 civil society organisations:           

            Detlev v. Larcher – Steering Committee, Attac Germany

 

7. Ireland: On behalf of the Claiming our Future FTT campaign, supported by 42 Civil Society Organisations:

            Niall Crowley – Convener, Claiming our Future

 

8. Italy: On behalf of the Italian FTT coalition (60 organisations):

            Leonardo Becchetti – Spokesperson, ZeroZeroCinque

 

9. Portugal: On behalf of the Portuguese Platform of 66 Development NGOs:

            Pedro Krupenski – Chair of the Board, Plataforma Portuguesa das ONGD

 

10. Slovakia: On behalf of the Platform of 30 Slovak NGOs:

            Lenka Nemcova – Executive Secretary, Slovak NGDO Platform

 

11. Spain: On behalf of La Plataforma ITF ¡YA!, Paraísos fiscales ¡NO! Supported by 14 CSOs + La Alianza Española por la Tasa Robin Hood, supported by 11 CSOs+ Plataforma Justicia Fiscal supported by 10 organisations, including three platforms:

         Ricardo García Zaldívar – Spokeperson, Attac España

         Vanessa López – Executive Director, Salud por Derecho

         Miguel Gorospe – Coordinator, Campaña Justicia Fiscal

 

12. UK: On behalf of the Robin Hood Tax campaign, a coalition of 115 UK organisations:

            David Hillman – Director, Stamp Out Poverty / Robin Hood Tax Steering Group 

 

OTHER NETWORKS/COALITIONS

1. Action For Global Health (AfGH) – a European CSO network representing over 30 NGO members and national health platforms in 6 European countries and the EU

            Tim Roosen, Coordinator

 

2. Arbeiterkammer Österreich (AK Europe) – representing 3,4 million members in Austria

            Rudi Kaske, President

 

3. Climate Action Network (CAN) Europe – representing 130 member organisations

            Wendel Trio, Director

 

4. CIDSE – representing 17 Catholic Development organisations in Europe and North America

            Bernd Nilles, Secretary-General

 

5. European Anti-Poverty Network – representing more than 6,000 civil society organisations across Europe

            Fintan Farrell, Director

 

6. European ATTAC Network (EAN) – representing 20 organizations in 20 countries

 

7. European Federation of Food, Agriculture and Tourism Trade Unions (EFFAT) – defending more than 22 million workers and representing 120 national trade unions from 38 European countries

            Harald Wiedenhofer, General Secretary

 

8. European Federation of Public Service Unions (EPSU) – representing 8 million European workers

            Jan Willem Goudriaan, General Secretary

 

9. European Trade Union Confederation (ETUC) – representing 45 million members of 89 trade union organisations in 39 European countries, and 10 European Trade Union Federations

            Luca Visentini, General Secretary

 

10. Friends of the Earth Europe (FOEE) – representing more than 30 national organisations and thousands of local groups

            Magda Stoczkiewicz, Director

 

11. Global Call to Action Against Poverty (GCAP) Europe – representing more than 1,000 organisations in national coalitions and platforms in 23 European countries

            Ingo Ritz, Director of Programs

 

12. Global Fund Advocates Network (GFAN) – a network that brings together over 240 organisations from over 70 countries supporting global health

            Peter van Rooijen, Executive Director

 

13. International Federation of Social Workers (IFSW) European Region – representing 30 member organisations in countries in the European Economic Area

            Cristina Martins, President

 

14. International HIV/AIDS Alliance – an alliance of 32 independent civil society organisations

            Marielle Hart, Head of Policy

 

15. Public Services International (PSI) – representing 20 million members of 669 unions in 154 countries and territories.

            Rosa Pavanelli, General Secretary