Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-09-21-Speech-2-601"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2010-09-21"^^xsd:date2
dcterms:Is Part Of	lp_eu:Draft amending budget No 7/2010: guarantee provided by the European Union in accordance with the provisions of Article 122 of the TFEU – financial assistance to Member States (debate)2
dcterms:Language	"fr"^^xsd:language2
lpv:document identification number	"en.20100921.21.2-601"2
lpv:hasSubsequent	lp_eu:2010-09-21-Speech-2-6022
lpv:speaker	lp:Isabelle Durant2
lpv:spokenAs	member; BUDG (2009-07-16--2012-01-18)3 member; Parliament's Bureau (2009-07-14--2012-01-16)3 member; Special committee on the policy challenges and budgetary resources for a sustainable European Union after 2013 (2010-06-17--2011-06-30)3 member; G/EFA (2009-07-14--2014-06-30)3 substitute; TRAN (2009-07-16--2012-01-18)3 member; Delegation for relations with Iran (2009-09-16--2014-06-30)3 member; Delegation to the ACP-EU Joint Parliamentary Assembly (2009-09-16--2014-06-30)3 unknown; Ecologistes Confédérés pour l'Organisation de Luttes Originales (2009-07-14--2014-06-30)3 vice-president; European Parliament (2009-07-14--2012-01-16)3
lpv:translated text	"Madam President, it is true that we are talking here quite calmly about an adjustment to the 2010 budget and about the insertion of one line for the record, an amending budget said to be ‘technical’. We all know, however, that the calmness of this debate when compared to the previous one – which was a little less calm – is also due to a courageous and mutually supportive decision that was taken when tension was at its peak in the euro area last May. In fact, that was a weekend when the Heads of State or Government created the first-rate European financial stabilisation mechanism, which allows the Union to borrow on the capital markets in order to provide loans to Member States that are in difficulty, subject to certain conditions. It is truly this spirit of solidarity that allows guarantees to be provided in the interests of Europe as a whole, and which confers true added value on the European budget. There is the good example. Unfortunately, the current own-resources ceiling, which is set at 1.23% of gross domestic product, has not been enough to create a self-sufficient mechanism. The budget’s share accounts for no more than EUR 60 billion, and the rest – EUR 444 billion – is supplied by an intergovernmental system called the ‘special purpose vehicle’, which is guaranteed by the Member States in the euro area; a system from which, by the way, Slovakia has recently withdrawn. Today’s calm therefore certainly allows us to have a discussion, but it obliges us, above all, to go further and to do more within the framework of the future financial perspective. It is in this sense that I think we must raise the own-resources ceiling so that we can create a genuine macro-economic role for the European budget, which would, at the same time, provide a buffer or European investment plans and/or more guarantee mechanisms, depending on the state of the European economy. We ought also to design new financial instruments. In this context, for example, Eurobonds, in partnership with the European Investment Bank, would be a very good tool. Finally, we must, as a matter of urgency, introduce new own resources, such as the financial transactions tax, the carbon tax or a tax on businesses, which would, at one and the same time, allow us to reduce the GDP-based contributions from Member States and dispense with the infamous debate over net contributors. So that is the enormous task that awaits us, especially in the Special Committee, but, Commissioner, these are also matters with which we must all be ready to engage."@en1
lpv:videoURI	<go to Events_and_structure europarl>2

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