Press Release: Commission services issue an analysis of the main innovative financing options

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Series Details IP/10/405 (6.4.10)
Publication Date 06/04/2010
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The European Commission services published on 6 April 2010 a staff working document assessing the main sources of innovative financing under discussion. The analysis shows that for some of the instruments a 'double dividend' of both raising revenues and improving market efficiency and stability could be reaped, in particular by putting a price on risk-taking in the financial sector and on carbon emissions. It also emphasises that global coordination will be essential for a successful implementation of most instruments of innovative financing. It shows, however, that actions at the EU level alone should not be discarded.
Source Link Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=IP/10/405&format=HTML&aged=0&language=EN&guiLanguage=en
Related Links
EurActiv, 7.4.10: EU: Bank levy could raise up to 50 billion a year http://www.euractiv.com/euro-finance/eu-bank-levy-raise-50-year-news-421200
European Commission: DG Economic and Financial Affairs: News: International economic issues: Innovative financing at a global level http://ec.europa.eu/economy_finance/articles/international/2010-04-06-global_innovative_financing_en.htm
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