PES president urges for three-pronged EU strategy for G20_English_Xinhua
On the proposal for a global financial transaction tax, Rasmussen said a realistic proposal was already on the table for Europe's heads of government to consider, referring to a "workable proposal for a global financial transaction tax at the G20" made by German Foreign Minister Frank-Walter Steinmeier and Finance Minister Peer Steinbrueck.
"It's right that the financial markets should pay their fair share of the bailouts and recovery efforts," said the Dane, "Citizens shouldn't have to foot the bill."
He said the transaction tax "is now needed to finance long-term investments in the real economy."