Text tabled : A7-0154/2012

  Giovanni La Via (PPE), in writing. – (IT) The global crisis which began in 2008 has already required us on several occasions, and in the future will continue to require us, to take unpopular, difficult decisions in order to emerge from it and build a future characterised by growth, development and employment. Against this background, however, we cannot forget the role that finance and, in particular, speculation, has had in causing and exacerbating the crisis. It is also right to emphasise that the financial sector has not hitherto been affected by tax provisions that restrict its scope of action. With Ms Podimata’s report, however, we want to send out an unequivocal signal: the financial transaction tax, brought in with the dual rate for State securities and derivatives, aims to create tax revenue that may be used, in part, to shape the European budget and, in part, to strengthen the economies of the Member States.