Local view for "http://purl.org/linkedpolitics/eu/plenary/2002-03-14-Speech-4-094"

PredicateValue (sorted: default)
rdf:type
dcterms:Date
dcterms:Is Part Of
dcterms:Language
lpv:document identification number
"en.20020314.6.4-094"2
lpv:hasSubsequent
lpv:speaker
lpv:spokenAs
lpv:translated text
"It is surprising to read how anxious a green economist is about safeguarding the burgeoning financial services markets against systemic risks. Following on from the Lisbon Summit in the spring of 2000, which wanted to turn Europe into the world’s most competitive economy, Mr Lipietz wants to make the EU the safest haven for financial activities. This is why he would like legislation which offers the financial markets opportunities to develop. In his view, it is not the Member States that decide which of the three methods are used for the calculation of the supplementary capital adequacy. Instead, the financial conglomerates can make that choice themselves, provided that they make their decision public. I find little concern for people and the environment in his vision and too much understanding of the requirements of companies involved in capital management. However, I am aware that it is preferable to regulate these markets than to leave them to their own devices on a world scale, whereby those with the greatest spirit of adventure are given free rein and the most immoral companies elbow the others out of the market. I consider his proposal as a first step which will make it easier to draft rules later on in the interests of the financing of public services, the fight against poverty, democratic control and care for the environment."@en1

Named graphs describing this resource:

1http://purl.org/linkedpolitics/rdf/English.ttl.gz
2http://purl.org/linkedpolitics/rdf/Events_and_structure.ttl.gz
3http://purl.org/linkedpolitics/rdf/spokenAs.ttl.gz

The resource appears as object in 2 triples

Context graph