Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-10-25-Speech-2-420-000"
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"en.20111025.25.2-420-000"2
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"It is undeniable that a global economy requires global economic governance, and this report describes some important lines of action. Firstly, greater cooperation is required at an international level, and the ‘emerging powers’ must also accept their responsibilities. It is unconscionable that there should be rules that apply only to Europe, whereas elsewhere it is the Wild West. I am referring, for example, to unanimous compliance on individual working conditions, because we can no longer tolerate the fact that these regulations should continue to be trampled in some countries.
I should also like to highlight a very important aspect of this report, which is the invitation to introduce a global tax on financial transactions. Only in this case – if applied universally – would the tax make sense. Its introduction at European level only would be absurd, because it would be easily avoided by major speculators and would only hit small investors. The report is therefore undoubtedly a good starting point, which is why I decided to vote in favour."@en1
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