Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-10-12-Speech-3-088-000"
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"en.20111012.14.3-088-000"2
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"Mr President, Mr Barroso has come here today to announce, among other measures, that banks without the required capital should submit plans for obtaining it, and if they are unable to do so, they should suspend dividends and bonuses. I have no hesitation in agreeing with his speech.
We saw what happened with the bank Dexia just this week, yet only a few months ago, one of its directors received, as we know, a EUR 600 000 bonus for his marvellous leadership. However, in all seriousness, the President of the Commission must call upon the national governments to present the full package, as it is the full package that contains the crucial elements. It is essential that taxpayers’ money be balanced with a credit policy for growth. It is also vital that banks start paying tax on their profits, which is not happening in many countries, and, in particular, my country, Portugal. This is the second time in two years – or rather, in three years – that we have asked for banks to be bailed out using the money of taxpayers and the unemployed. These are the banks that are also supposedly saving the economy and helping to create jobs."@en1
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