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Speaking shortly after her appointment as head of ETUC, Ségol insisted that the FTT should not be seen as a replacement for member states' contributions to the European budget.

"If we have an FTT it should be more for additional investment, growth and jobs, which is our priority, and not to replace income that should be there anyway," she said, alluding to the proposed EU budget for 2014-2020, presented by the European Commission on 29 June.

According to Ségol, social rights have been under attack and even the Commission's recommendations to EU countries on delivering growth and jobs, in the framework of the Europe 2020 strategy, have diminished the European social model.

 

To read the full, original article click on this link: FTT should be used to create jobs, says top trade unionist | EurActiv