Nearly 7,000 civil society organizations and trade unions have signed a letter to their respective heads of state and government calling for redoubling efforts to implement a Financial Transaction Tax (FTT), also known as the 'Robin Hood tax'. The petition was submitted on the occasion of the European summit held in Rome to commemorate the 60th anniversary of the Treaty of Rome.

CSOs point out that such a tax on financial transactions would entail a minimum income of € 20 billion a year, and that revenue should be used to meet social needs such as financing global public goods such as health, education and the fight against poverty and climate change. In addition, this measure would restore the stability of markets, the prevention of future crises such as the one that shook Europe and the world in 2007-2008.

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