Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-03-08-Speech-2-320-500"
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"en.20110308.22.2-320-500"2
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"I voted in favour of this resolution, which is aimed at encouraging innovative financing by means of a tax on financial transactions, increasing the economy’s recovery capacities, and promoting the transition to green growth while maintaining aid to developing countries. The economic crisis showed, very forcefully, the vital importance of establishing global financial governance to ensure that we are no longer subject to the vagaries of unbridled financial capitalism. This is what the French Presidency of the G20 wants, and we must do all we can to achieve that objective. Financial speculation, encouraged by the lack of rules and supervision, has destroyed millions of jobs, seriously affected public finances and considerably reduced living standards for a large majority of Europeans. It is time to move on from this short-term vision of the economy, where money is all-important and irresponsibility is everywhere, and which led us to the edge of the abyss, so that the financial system can resume its role of serving the real economy and the people. The European Union should set an example in this regard, and the resolution adopted by this House sends a strong signal to our partners."@en1
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