Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-10-25-Speech-2-414-984"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2011-10-25"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"mt"^^xsd:language2
lpv:document identification number	"en.20111025.25.2-414-984"2
lpv:hasSubsequent	lp_eu:2011-10-25-Speech-2-415-0002
lpv:speaker	lp:Louis Grech2
lpv:spokenAs	substitute; Delegation to the Parliamentary Assembly of the Union for the Mediterranean (2009-09-16--2013-03-12)3 member; Delegation for relations with Australia and New Zealand (2009-09-16--2013-03-12)3 substitute; Delegation for relations with Albania, Bosnia and Herzegovina, Serbia, Montenegro and Kosovo (2009-09-16--2013-03-12)3 substitute; Delegation to the Euronest Parliamentary Assembly (2009-09-16--2013-03-12)3 unknown; Partit Laburista (2009-07-14--2013-03-12)3 member; S&D (2009-07-14--2013-03-12)3 substitute; BUDG (2009-07-16--2012-01-18)3 vice-chair; IMCO (2009-07-16--2012-01-18)3
lpv:translated text	"I agree with the Hökmark report on global economic governance, which calls for the reform of our international economic institutions. The financial crisis was caused mainly by the irresponsible speculation of banks and hedge funds – speculation that regulatory institutions were ill-equipped to cope with, in part because of a lack of proper international coordination. Therefore, I welcome this report’s emphasis on improving such coordination as a means of strengthening financial regulation and ensuring that the financial sector acts in a transparent way and is accountable to national and international authorities. The European Union has an opportunity to take the lead in this area, not only by supporting regulators and improving economic coordination within the Union, but also by working to reform the relevant international organisations and forums, with the aim of making them more effective and responsive when faced with the challenges of living in a globalised economy."@en1
lpv:unclassifiedMetadata	"Louis Grech (S&D ),"1 "in writing."1

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