3 Amendments of Michèle STRIFFLER related to 2011/0261(CNS)
Amendment 4 #
Proposal for a directive
Recital 1
Recital 1
(1) The recent financial crisis has led to debates at all levels about a possible additional tax on the financial sector and in particular a financial transactions tax (FTT). This debate stems from the desire to ensure the financial sector contribute to covering the costs of the crisis and that it is taxed in a fair way vis-à-vis other sectors for the future; to curb speculation, in particular on commodity markets, thus limiting food price volatility and its impacts on food security; to dis-incentivise excessively risky activities by financial institutions; to complement regulatory measures aimed at avoiding future crises and to generate additional revenue for general budgets or specific policy purposes such as the financing of public goods and Union development policies especially towards the achievement of MDGs.
Amendment 7 #
Proposal for a directive
Recital 1 a (new)
Recital 1 a (new)
(1a) The revenue of the FTT, the objective of which is a more social and fair redistribution of wealth, should be additional to the national development aid commitments of 0,7% of GNI and allocated towards the financing of public goods such as Union development policies, poverty reduction and the fight against climate change in developing countries. These targets should remain an essential part of this new revenue.
Amendment 17 #
Proposal for a directive
Article 17 a (new)
Article 17 a (new)
Article 17a Use of revenue as own resource for EU budget Part of the revenue arising from the FTT in the Union should be used as own resources for the EU Budget, of which a significant percentage should be invested in financing Union development cooperation policies and the fight against climate change in developing countries.