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UN experts call for global financial tax to offset costs of economic crisis

Posted by News on the Net on May 21, 2012 at 05:37 PM

“A global FTT is not a silver bullet, but it would help relieve sovereign debt load stemming from the financial crisis"

A group of United Nations independent experts today called on the European Union (EU) to take the lead in promoting the adoption of a global financial transaction tax that would offset the costs of the current economic crisis and protect basic human rights.

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