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Marina Yannakoudakis, Conservative MEP for London, today spoke out against European Parliament proposals for an EU financial transaction tax.

Marina has long opposed an EU Tobin Tax which she believes would harm Europe’s competitiveness and drive business out of the EU, especially from her constituency of London. She voted against the tax in today’s ballot […]

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Speaking at a City of London event at the Guildhall today, EU internal market commissioner Michel Barnier called on the City to play ‘the European game’ in a wide-ranging speech on the commission’s agenda for financial services.

London Conservative MEP Marina Yannakoudakis warned that the commissioner’s presumption that financial services is a European – rather […]

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Yesterday the Treasury announced plans to take the European Central Bank to the
European Court of Justice over the ECB’s threat to companies based outside the eurozone trading in euro-dominated financial instruments.

Marina Yannakoudakis, Conservative Member of the European Parliament for
London, expressed her support for the Treasury’s legal action.

Mrs. Yannakoudakis said: […]

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“We all know there is great concern about the financial system after the banking crisis. But this recession has put enough pressure on the City’s institutions, we don’t need more directives to add further pressure. The strength of our financial institutions help the UK keep its independence and stay Euro free.”

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