Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-07-06-Speech-2-395"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2010-07-06"^^xsd:date2
dcterms:Is Part Of	lp_eu:Specific tasks for the European Central Bank concerning the functioning of the European Systemic Risk Board - Powers of the European Banking Authority, the European Insurance and Occupational Pensions Authority and the European Securities and Markets Authority - European Securities and Markets Authority - Macro-prudential oversight of the financial system and establishment of a European Systemic Risk Board - European Banking Authority - European Insurance and Occupational Pensions Authority - Cross-Border Crisis Management in the Banking Sector (debate)2
dcterms:Language	"it"^^xsd:language2
lpv:document identification number	"en.20100706.28.2-395"2
lpv:hasSubsequent	lp_eu:2010-07-06-Speech-2-3962
lpv:speaker	lp:Gianni Pittella2
lpv:spokenAs	substitute; ECON (2009-07-16--2012-01-18)3 member; S&D (2009-07-14--2014-06-30)3 vice-president; European Parliament (2009-07-14--2012-01-16)3 unknown; Partito Democratico (2009-07-14--2014-06-30)3 member; Delegation for relations with Albania, Bosnia and Herzegovina, Serbia, Montenegro and Kosovo (2009-09-16--2014-06-30)3 member; Parliament's Bureau (2009-07-14--2012-01-16)3 member; IMCO (2009-07-16--2012-01-18)3 substitute; Delegation to the Parliamentary Assembly of the Union for the Mediterranean (2009-09-16--2014-06-17)3
lpv:translated text	"Madam President, ladies and gentlemen, it seems clear that the decision that Parliament is about to take – to vote on the amendments and not vote, to postpone the vote on the legislative resolution – is a desperate attempt to remind the Council of its responsibilities, so that by the next September session, this package will be approved at first reading. Honestly, I cannot believe that the myopia persists among the governments not to endow the supervisory bodies we are creating with real powers. It would be akin to creating structures unable to carry out supervision – what is the point in setting them up? As is well known, the European Parliament is not an army of extremists making revolutionary demands. We are normal people who live among the citizens, which is to say among those who have felt the disaster of financial markets without supra-national regulation in their day-to-day lives and in their pockets. Our proposals are those of de Larosière, not Robespierre, as the fine Commissioner Barnier knows. Friends in the Council, even if you are not here, you will read our words. We expect a positive response to our gesture of responsibility, but if it is not forthcoming, we will proceed with the vote in September and we will tell all European citizens that we want direct supervisory authority over financial intermediaries, that we want the oversight of ESMA extended to pan-European bodies as well, and that we want the European authorities to have the last word in case of disagreement between national authorities. Dear friends in the Council, do not bury your heads in the sand like ostriches. Reality is tough, but it must be faced with choices of courage and strength."@en1
lpv:videoURI	<go to Events_and_structure europarl>2

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