Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-09-16-Speech-3-016"
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"en.20090916.4.3-016"2
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"In Portugal, bank profits grew by 18% in the first quarter of this year. The only thing that rose more than bank profits was unemployment. Portugal is not an exception, but an example of an unfulfilled promise made by the G20, which was that we would resolve this crisis with a new economic and world order.
That is not true, and 50 million more people out of work and 200 million more people in poverty prove that it is not so. That is why I call on the Commission and Mrs Malmström to deal with bonuses and hedge funds, certainly, but most of all to deal with what we have not mentioned here: the end of off-shore banking, tax havens, the tax on financial transactions and the end of banking secrecy. They should do anything that can be seen if they want people to believe in them."@en1
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