Local view for "http://purl.org/linkedpolitics/eu/plenary/2006-03-15-Speech-3-278"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2006-03-15"^^xsd:date2
dcterms:Is Part Of	lp_eu:Mergers in the Internal Market (debate)2
dcterms:Language	"pl"^^xsd:language2
lpv:document identification number	"en.20060315.23.3-278"2
lpv:hasSubsequent	lp_eu:2006-03-15-Speech-3-2792
lpv:speaker	lp:Adam Bielan2
lpv:spokenAs	treasurer; UEN (2004-07-20--2007-08-28)3 substitute; Delegation to the ACP-EU Joint Parliamentary Assembly (2004-09-15--2007-09-04)3 unknown; Prawo i Sprawiedliwość (2004-07-20--2009-07-13)3 member; IMCO (2006-01-16--2007-01-14)3 substitute; AFET (2005-12-05--2007-01-14)3 member; Delegation for relations with Mercosur (2004-10-28--2007-03-13)3
lpv:translated text	". ( Mr President, I would like to speak on the subject of the merger of two banking groups: and . It is a subject that has caused a great deal of controversy in Poland. In 1999 acquired a majority share in one of the largest Polish banks. It was, as it turned out, a very profitable decision. Seven years on, the value of the shares has increased fourfold. When buying the Polish bank, the Italians had to agree, however, that they would not invest any capital in any company in competition with that bank in Poland. The acquisition of and, by that token, also of another Polish bank is therefore a clear breach of the privatisation agreement. The Polish authorities are therefore obliged to block this merger and to enforce the terms of the agreement. It is worth pointing out that this dispute is by no means about the Polish Government seeking to prevent a foreign entity gaining control of a national company, as has been the case recently in France, Spain or Italy. Accusations of protectionism levelled at the Polish Government are therefore completely unfounded in this case. We should also remember that, while the European Commission has control over mergers at a Community level, obligations relating to agreements and the control over banks remain the competencies of national governments. I therefore hope that the European Commission will take these arguments into consideration and that Poland will cease to be on the receiving end of a barrage of threats related to this subject."@en1
lpv:unclassifiedMetadata	"Adam Jerzy Bielan,"1 "BPH"1 "HVB"1 "PL)"1 "Pekao S.A."1 "UniCredito"1 "UniCredito Italiano"1 "on behalf on the UEN Group"1

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