Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-05-23-Speech-3-274-125"

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	"ro"^^xsd:language2
lpv:document identification number	"en.20120523.15.3-274-125"2
lpv:hasSubsequent	lp_eu:2012-05-23-Speech-3-274-2502
lpv:speaker	lp:Corina Crețu2
lpv:spokenAs	substitute; Delegation for relations with Israel (2009-09-16--2014-06-30)3 unknown; Partidul Social Democrat (2009-07-14--2014-06-30)3 member; S&D (2009-07-14--2012-06-06)3 vice-chair; DEVE (2012-01-23--2014-06-30)3 member; Delegation for relations with the United States (2009-09-16--2014-06-30)3 substitute; AFET (2012-01-19--2014-06-30)3
lpv:translated text	"I voted for the proposal for a Council directive on a common system of financial transaction tax and amending Directive 2008/7/EC. This tax may generate important new revenues – according to recent estimates, up to EUR 57 billion if implemented at EU level. It can shift the burden to activities with negative externalities, such as high-frequency trade and extremely speculative financial transactions, thereby ensuring a fairer distribution of the tax load. Likewise, it can become a disincentive for extremely leveraged and harmful speculative transactions, thereby contributing, along with appropriate regulation and a supervision regime, to stabilising markets and redirecting this sector towards productive long-term investments."@en1

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