Connect with us

Economy

Film stars team up to urge 'Robin Hood Tax' in Europe

SHARE:

Published

12 years ago

on

We use your sign-up to provide content in ways you've consented to and to improve our understanding of you. You can unsubscribe at any time.

84731scrSome of Europe’s biggest film stars came together to launch a new short film Future News today (18 February) directed by David Yates of Harry Potter, which brings to light the enormous potential of a 'Robin Hood Tax'.
The film comes out five years on from the start of Europe’s deepest recession in recent history, which has caused wide-spread suffering not only in the EU but around the world. With 11 European countries now looking to implement a Financial Transaction Tax (FTT) this year, which could generate up to €37 billion per year, the video highlights that the revenue could not only be used for alleviating the strain on threatened public services in Europe, but also to tackle poverty and climate change in poor countries.The film, produced with the support of international agency Oxfam and partners, takes place ten years from now in a Europe which has seen the effective implementation of the FTT by all the key financial players with the exception of the UK. As representatives from Germany, France and Spain highlight the successes of the tax, Britain fumes at missing the opportunity to introduce the 0.05% tax of financial instruments such as shares, bonds and derivatives.

Representing four countries across the European Union, the film highlights the different roles each country is playing in the process. British actors Bill Nighy, who plays a regretful banker, and Andrew Lincoln, both represent a country which, currently, is reluctant to adopt the so-called Robin Hood Tax. Meanwhile, German Heike Makatsch, French Clémence Poesy, and Spanish Javier Cámara, who play slightly more gleeful bankers, hail from countries that hold the key to the success of the EU11 FTT group.

The film is being launched the day before a key Franco-German meeting in Paris where ministers are expected to set out their joint vision of the tax.

Andrew Lincoln, star of TV’s The Walking Dead, said:"After six years of shaky recovery and decreasing living standards, it is time for our leaders to be ambitious and act in the interest of the people and the planet.

Director David Yates, best known for directing the final four films in the Harry Potter series, said: "I agreed to direct the film because the Robin Hood Tax is a simple yet brilliant idea. We need to learn the lessons of the financial crisis and ensure that banks and hedge funds work in the interests of society not the other way around."

"It is rare that a tax could garner such incredible support from people across Europe, but the Robin Hood Tax is an obviously fair way to ensure that those responsible for the economic crisis pay to clear up the mess it caused.”

Clémence Poesy, of Harry Potter and In Bruges fame, said: “If France and the other ten countries seriously considering going ahead with the tax decide to do so, up to €37bn could be raised each year. Spending this money on the fight against poverty, including the worldwide AIDS pandemic, and climate change is the right thing to do.”

Bill Nighy, star of Love Actually and Pirates of the Caribbean, said: “Four years after the launch of the Robin Hood Tax campaign, this tiny tax that could do so much good is on the verge of becoming a reality. France, Germany and nine other European countries are about to introduce it. It would be deeply regrettable if the rest of the world were caught on the wrong side of history.”

Advertisement

“Introducing the tax alone will not be enough, the billions it will raise need to be invested in tackling poverty at home and abroad and fighting climate change.”

Javier Cámara, star of Bad Education and I’m So Excited, said: “With up to eight million Spaniards expected to fall into poverty by 2025, the Robin Hood tax presents an opportunity to alleviate the worst suffering of those not just in Europe, but around the world as well. ”

Heike Makatsch, who starred alongside Nighy in Love Actually, said: “European leaders have spent long-enough talking about the Robin Hood Tax. It is now time to get serious, push aside the discredited arguments against the tax from the financial lobby and implement a fair tax which could help millions of people across Europe and in the developing world.”

More information

To download the hi-res version of the film, click here.
To download photos, click here.        
For further background on the Robin Hood tax, click here.

 

Share this article:

Share this:
Related Topics:
EU Reporter publishes articles from a variety of outside sources which express a wide range of viewpoints. The positions taken in these articles are not necessarily those of EU Reporter. Please see EU Reporter’s full Terms and Conditions of publication for more information EU Reporter embraces artificial intelligence as a tool to enhance journalistic quality, efficiency, and accessibility, while maintaining strict human editorial oversight, ethical standards, and transparency in all AI-assisted content. Please see EU Reporter’s full A.I. Policy for more information.
Advertisement

Trending