Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-09-10-Speech-1-135-000"
| Predicate | Value (sorted: default) |
|---|---|
| rdf:type | |
| dcterms:Date | |
| dcterms:Is Part Of | |
| dcterms:Language | |
| lpv:document identification number |
"en.20120910.24.1-135-000"2
|
| lpv:hasSubsequent | |
| lpv:speaker | |
| lpv:spokenAs | |
| lpv:translated text |
"Mr President, in August this year, the parabank, Amber Gold, collapsed in Poland. As a result of its operations, 5 000 people lost their savings. Similar developments have taken place in Europe in the past: in 2006 in Spain, and in Germany, where a company called Göttinger Gruppe took 250 000 people for a ride. As parabanks currently represent half of all banking assets worldwide and continue to increase their market share in Europe, we expect national governments of Member States to introduce more stringent regulations and exercise supervision over these companies in order to prevent a similar occurrence happening again on a European scale. We expect constructive action during consultations conducted by the European Commission on legislation to regulate the banking system.
Without full and adequate information, and without guarantees provided to customers, such companies should not be allowed to operate in the European financial market. We hope that the drama of thousands of citizens who were taken for a ride by parabanks will motivate governments to submit appropriate proposals to the Commission in order to prevent such financial scandals from happening in future."@en1
|
| lpv:videoURI |
Named graphs describing this resource:
The resource appears as object in 2 triples