The Financial Transaction Tax negotiations

This procedure provides an update on the ongoing discussions and negotiations regarding the implementation of a Financial Transaction Tax (FTT). The FTT is a tax levied on financial transactions, aiming to generate revenue and potentially curb excessive speculation in financial markets.

The update will likely cover the current status of negotiations among member states, potential impacts on financial markets and investors, and the challenges in reaching a common agreement on the scope and rate of such a tax.