Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-12-15-Speech-3-036"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2010-12-15"^^xsd:date2
dcterms:Is Part Of	lp_eu:Preparations for the European Council meeting (16-17 December 2010) - Establishing a permanent crisis mechanism to safeguard the financial stability of the euro area (debate)2
dcterms:Language	"it"^^xsd:language2
lpv:document identification number	"en.20101215.5.3-036"2
lpv:hasSubsequent	lp_eu:2010-12-15-Speech-3-0372
lpv:speaker	lp:Mario Borghezio2
lpv:spokenAs	member; EFD (2009-07-14--2013-06-02)3 member; LIBE (2009-07-16--2012-01-18)3 substitute; Delegation for relations with the United States (2009-09-16--2013-06-02)3 member; Special Committee on the Financial, Economic and Social Crisis (2009-10-08--2011-07-31)3 unknown; Lega Nord (2009-07-14--2014-06-30)3 substitute; Special committee on the policy challenges and budgetary resources for a sustainable European Union after 2013 (2010-06-17--2011-06-30)3 member; Delegation to the EU-Russia Parliamentary Cooperation Committee (2009-09-16--2014-06-30)3
lpv:translated text	"Mr President, ladies and gentlemen, after the revelations, investigations are ongoing in the United States into the secret club of nine banks – one of which is European – whose executives meet every Wednesday to agree what action to take on derivatives. The Crisis Committee was completely unaware and Europe is a mere spectator. The Federal Reserve had to account for the USD 13 trillion spent to bail out the banks. Would you mind telling us what the Fed asked for the European bank rescue packages? Is it not the critical situation in the banks – and not state budgets – that requires the sum in the European rescue fund to be doubled and the preparation of a EUR 2 000 billion bail-out? What is stopping us calling on the European Central Bank to account transparently and in detail for its actions as was done in the United States for the Fed? This would put paid to suspicions that it acted and continues to act discretionally and not in the common interest of the citizens and taxpayers of the European Union’s Member States. Why on earth have discussions never been held over the adoption of measures to impose a genuine and effective separation between commercial banks and speculative banks, as in the Glass-Steagall Act?"@en1
lpv:unclassifiedMetadata	"(The President cut off the speaker)"1
lpv:videoURI	<go to Events_and_structure europarl>2

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