Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-05-23-Speech-3-091-000"

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"Mr President, Ms Podimata, ladies and gentlemen, today’s report once again underpins the European Parliament’s leading role in the introduction of a financial transaction tax. With this report, the European Parliament is supporting the proposals and the leading role that the Commission is taking in the implementation of this concept. Like the previous speaker, I would like to say that at present, the Council is blocking a Europe-wide introduction of the financial transaction tax; that at present, the Council is blocking the introduction of a financial transaction tax across the euro area; and that therefore, at the moment, the Council is making the introduction of a financial transaction tax unrealistic. If only nine Member States are in favour, then the transaction tax could become a competitive disadvantage. We want to end the blockade. We want to stick to our goal. For us, the financial transaction tax is a regulatory measure, and because it is a regulatory measure, I submitted an amendment for off-exchange financial transactions to be taxed at a higher rate than exchange transactions. We want to use the financial transaction tax to increase the budgetary policy scope of the European Union so that we can enhance growth, employment and investment across Europe. I would urge you to vote in favour."@en1
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