Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-03-11-Speech-3-022"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2009-03-11"^^xsd:date2
dcterms:Is Part Of	lp_eu:Preparation of the European Council (19-20 March 2008) - European Economic Recovery Plan - Guidelines for the Member States’ employment policies - Cohesion Policy: investing in the real economy (debate)2
dcterms:Language	"it"^^xsd:language2
lpv:document identification number	"en.20090311.3.3-022"2
lpv:hasSubsequent	lp_eu:2009-03-11-Speech-3-0232
lpv:speaker	lp:Cristiana Muscardini2
lpv:spokenAs	co-chair; UEN (2004-07-20--2009-07-13)3 member; Delegation to the Euro-Latin American Parliamentary Assembly (2007-05-23--2009-07-13)3 unknown; Alleanza nazionale (2004-07-20--2009-07-13)3 vice-chair; INTA (2007-02-01--2009-07-13)3 substitute; FEMM (2007-01-31--2009-07-13)3 substitute; PETI (2007-01-31--2009-07-13)3 member; Delegation to the Euro-Mediterranean Parliamentary Assembly (2008-05-08--2009-07-13)3 substitute; Delegation to the ACP-EU Joint Parliamentary Assembly (2004-09-15--2009-07-13)3 member; Delegation to the EU-Kazakhstan, EU-Kyrgyzstan and EU-Uzbekistan Parliamentary Cooperation Committees, and for relations with Tajikistan, Turkmenistan and Mongolia (2004-09-15--2009-07-13)3 substitute; ENVI (2007-01-31--2009-07-13)3 member; Conference of Presidents (2006-12-13--2009-07-13)3
lpv:translated text	"Mr President, ladies and gentlemen, Mr Vondra talked of ‘strengthening supervision’, but we want some information on how many OTC derivatives are still in the possession of European banks; how much the bill comes to at world level. It may be that the Commission and the Council will decide to freeze derivatives, at least to propose it at world level, and to suspend trading in these commodities. Is it possible that in banks that have been nationalised, these derivatives are still a toxic asset but obviously also worrying for development? Strengthening supervision also means that we must not only, as the Commission says, have the capacity to make a clean sweep of the banking system and review the system of regulation, but we must also make new proposals. So, if we are worried about the crisis in the motor industry, we ought also to concern ourselves with small and medium-sized enterprises and the unfair competition coming from outside our borders. The Council has not yet decided to ratify and promote origin labelling, the only system that is not protectionist but protects consumers and products, as President Barroso himself just said. In order to help businesses we must, in addition to promoting new lines of credit, give small and medium-sized enterprises faster and cheaper access to mobility, if we want these businesses to adapt rather than go under. Many of them are now suffering a 50% drop in orders, forcing them to turn to the banks for help. The banks are not lending, however, and the bank shares have collapsed because of derivatives. It is a vicious circle. You must come out from this muddle and look for real solutions, not just useless proposals."@en1
lpv:videoURI	<go to Events_and_structure europarl>2

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