Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-07-05-Speech-2-557-000"
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"en.20110705.34.2-557-000"2
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"Paragraph 22 of this report urged the Commission and Member States to ‘find new sources of development funding such as a financial transactions tax at global level.’ The ECR Group would certainly consider a financial transactions tax (FTT) at global level if it could ensure reasonable and equitable contributions from the main donors. However, the S&D Group tabled a RCV to this paragraph, which removed the phrase ‘at global level’, thus implying that the FTT should only apply at European level.
The ECR Group disagrees with this. We believe that would unrealistic to have such a tax at European level, as it would jeopardise development aid and unfairly burden European states. The ECR Group also voted against paragraph 79, which identifies one of the ‘root causes of food insecurity’ as ‘food-price speculation’. It is not food-price speculation per se that causes food insecurity, rather the abuses or excesses of speculation. Indeed, speculation itself is a vital part of the farming industry. Nonetheless, we voted in favour of this report as it calls for a more pragmatic approach to EU development aid, calling for measures to ensure transparency and create a more results-based agenda."@en1
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