Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-07-05-Speech-2-437-000"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2011-07-05"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"it"^^xsd:language2
lpv:document identification number	"en.20110705.34.2-437-000"2
lpv:hasSubsequent	lp_eu:2011-07-05-Speech-2-437-1252
lpv:speaker	lp:Claudio Morganti2
lpv:spokenAs	member; Delegation to the EU-Mexico Joint Parliamentary Committee (2009-09-16--2014-06-30)3 member; Delegation to the Euro-Latin American Parliamentary Assembly (2009-09-16--2014-06-30)3 unknown; Lega Nord (2009-07-14--2013-11-04)3 member; BUDG (2009-07-16--2012-01-18)3 substitute; Delegation to the ACP-EU Joint Parliamentary Assembly (2011-03-01--2013-09-29)3 member; EFD (2009-07-14--2014-06-30)3 substitute; ECON (2009-07-16--2012-01-18)3
lpv:translated text	"I believe it is vital to restore confidence in investment and I think we are going in the right direction with this report. An investor needs maximum protection against the risk that the firm holding his or her deposits might collapse. A higher guaranteed compensation threshold, with adequate funding commensurate to the risk, is therefore welcome. Harmonisation at European level is also necessary to prevent and avoid market distortion. In addition, cross-border investments should be allowed to enjoy the same protection as national investments. Market security and stability are essential for restoring consumer confidence, and the work of the new European Securities and Markets Authority (ESMA) can and must contribute to this. I therefore hope that this set of measures proves effective at reviving investment and with it the whole European economy."@en1

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