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Claude Turmes is in favour of a healthy level of capitalism. Nevertheless, the member of the European Parliament representing the Luxembourg Green Party supports the proposal for a financial transaction tax. In his view, the notion of sustainability includes a regulated financial sector and massive investment into renewable energies. With regard to the outlook for the financial centre, Claude Turmes thinks that a crisis is an opportunity to detect the market niches of the future.
How would you define sustainability?
On the one hand there is the environmental aspect. In a world of scarce resources and overstrained ecosystems it is logical and urgent that a larger proportion of money be invested into projects that help tackle environmental problems. Another...
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