Page last updated at 12:25 GMT, Thursday, 17 March 2011

The Record: Europe

12 March edition
Lucy Thomas

The Record Europe looks at the decision over a financial transaction tax.

MEPs have delivered a resounding message for a Europe wide tax that some are warning will drive bankers and traders out of Europe.

However supporters of a Financial Transaction Tax - dubbed a "Robin Hood tax" by some - say it will discourage speculation and raise much needed revenue.

This week The Record Europe asks who is right?

MEPs debated the FTT on The Record Europe.

Joining Shirin Wheeler are five MEPs from the economic and monetary affairs committee:

Markus Ferber, who leads the Bavarian Centre Right MEPs

Vicky Ford, British Conservative MEP

Gunnar Hökmark, leader of the Swedish Centre Right MEPs,

Philippe Lamberts, Belgian Green MEP

Arlene McCarthy, the British Labour MEP who wrote the Parliament's report on bank bonuses last year.

MEP staffing allowances

A look at new rules on MEP staffing allowances.

The Record Europe asks how MEPs can defend an increase in their own allowances in the face of a call to cut the spending of the EU's institutions?

Liberal Democrat MEP and transparency campaigner Chris Davies explains why he things the Parliament got it wrong.

While Jutta Haug, the German Social Democrat explains why MEPs now need more and better qualified staff since their workload was increased under the Lisbon Treaty.

Also on the programme

The Record Europe's round up of the week in the European Parliament.

• the situation in north Africa and the Middle East

• whether or not to formally recognise the Libyan National Transition Council

• Turkey's EU accession prospects

• talks between Kosovo and Serbia

• the leadership election of the ECR group

• the situation of Europe's Roma community

• a reduction in the number of sitting times in Strasbourg

• a call for greater representation of women on boards of directors

The Record: Europe examines the key moments in the political week in Brussels and Strasbourg and focuses on the work of the European Parliament and European Commission.

It is broadcast on BBC Parliament on Saturdays at 2300 GMT, Sundays at 1700 GMT and Mondays at 1000 GMT, on BBC World on Saturdays and Sundays at 0630 CET and on the BBC News channel on Sundays at 0530 GMT and Mondays at 0330 GMT.

Follow the programme on Facebook.

You can also watch full coverage of the plenary sessions of the European Parliament and selected committee hearings at BBC Democracy Live.

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