Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-04-20-Speech-2-133"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2010-04-20"^^xsd:date2
dcterms:Is Part Of	lp_eu:Question Hour with the President of the Commission2
dcterms:Language	"de"^^xsd:language2
lpv:document identification number	"en.20100420.7.2-133"2
lpv:hasSubsequent	lp_eu:2010-04-20-Speech-2-1342
lpv:speaker	lp:Martin Schulz2
lpv:spokenAs	chair; S&D (2009-07-14--2012-01-16)3 member; Conference of Presidents (2009-07-14--2012-01-16)3 unknown; Sozialdemokratische Partei Deutschlands (2009-07-14--2014-06-30)3
lpv:translated text	"Article 125 of the Treaty on the Functioning of the European Union is the so-called no bail out clause, in other words, the ban on Member States of the EU taking on the debts of other Member States. What is your view of the fact that the aid package put together for Greece will now result in countries such as the Federal Republic of Germany, for example, lending money to the Greek state for three years at an interest rate of 5% while borrowing it themselves on a three-year commitment at 1.5%? Given an estimated total of EUR 8.4 billion, that makes a profit of EUR 620 million. Does the no bail out clause not also include the requirement that, if one Member State cannot take over the debts of another Member State, it also cannot earn any money from the debts of another Member State? Are you prepared to discuss with the German Government or with other governments what seems to me to be a completely unacceptable mechanism?"@en1
lpv:videoURI	<go to Events_and_structure europarl>2

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