Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-07-05-Speech-2-410-000"
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"en.20110705.34.2-410-000"2
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"This report proposes granting a European passport to derivatives. The European Commission and the European Securities and Markets Authority (ESMA) will be at the controls. They will be able to ensure respect for equal competition between these toxic financial products. The management of risks taken by financial institutions will be entrusted to private bodies. These bodies will have the right to funds from the European Central Bank (ECB), even though these are refused to Member States in debt. This is shameful. I am voting against this report."@en1
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