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On January 22nd this year, European Finance Ministers approved that the Financial Transactions Tax could be implemented by 11 countries under a rarely used procedure called "Enhanced Cooperation". This is good news for all supporters of the FTT.
It means that the countries that are against FTT progress have effectively been sidelined. This jolted the financial sector lobby into action and they have started attacking the FTT in the media on a regular basis.
The UK's Chancellor George Osborne has now lodged an application at the European Court of Justice to challenge the decision allowing 11 members of the European Union to press ahead with their plans.
The Robin Hood Tax Campaign has launched an e-action targeting George Osborne and we ask all affiliates and contacts to join in.
Please sign the petition here: http://e-activist.com/ea-action/action?ea.client.id=142&ea.campaign.id=2...
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