Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-05-23-Speech-3-271-500"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2012-05-23"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"lt"^^xsd:language2
lpv:document identification number	"en.20120523.15.3-271-500"2
lpv:hasSubsequent	lp_eu:2012-05-23-Speech-3-272-0002
lpv:speaker	lp:Vilija Blinkevičiūtė2
lpv:spokenAs	substitute; FEMM (2012-01-19--2014-06-30)3 member; S&D (2009-07-14--2014-06-30)3 vice-chair; Delegation to the EU-Ukraine Parliamentary Cooperation Committee (2009-09-29--2014-06-30)3 member; EMPL (2012-01-19--2014-06-30)3 member; Delegation to the Euronest Parliamentary Assembly (2009-10-07--2014-06-30)3 substitute; LIBE (2012-01-19--2014-06-30)3 unknown; Lietuvos socialdemokratų partija (2009-07-14--2014-06-30)3 substitute; Delegation to the EU-Kazakhstan, EU-Kyrgyzstan and EU-Uzbekistan Parliamentary Cooperation Committees, and for relations with Tajikistan, Turkmenistan and Mongolia (2009-09-16--2014-06-30)3
lpv:translated text	"I voted in favour of this report because, in the context of economic hardship, this Commission proposal for a financial transaction tax (FTT) is an important reactive tool to repeated calls across the European Union to require a contribution from the financial sector towards meeting the costs of the ongoing crisis. An FTT is, by definition, a feature of the single market. A European legal framework for such an FTT pursues a dual objective: one of fairness, insofar as financial transactions remain largely untaxed, and one of harmonisation, because there needs to be one single European approach towards the taxation of financial transactions, with rates that are, if not identical across the EU, then at least comparable and established on the basis of a common minimum. The FTT is also intimately linked to the objective of unleashing the full potential of the single market in order to regain growth in Europe and thus provide an opportunity to reach the goals set out by the Europe 2020 strategy. Investments in the single market are needed, and they should proceed from a European source of funding. Therefore, an FTT, the revenue of which accrues to the general budget of the European Union, contributes to raising the monies required for consistent European investments in its own economic progress. However, the FTT must raise sufficient revenue in order to fulfil its role as a political tool in overcoming the crisis and must not dissuade the operation of such investment vehicles, which the EU needs in order to ensure economic development and fair earnings for retired citizens."@en1

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