Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-09-12-Speech-3-371-000"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2012-09-12"^^xsd:date2
dcterms:Is Part Of	lp_eu:Proposals for a European banking union (EBU) (debate)2
dcterms:Language	"pt"^^xsd:language2
lpv:document identification number	"en.20120912.22.3-371-000"2
lpv:hasSubsequent	lp_eu:2012-09-12-Speech-3-372-0002
lpv:speaker	lp:Marisa Matias2
lpv:spokenAs	member; ITRE (2012-01-19--2014-06-30)3 substitute; Delegation for relations with South Africa (2009-09-16--2014-06-30)3 member_of_the_bureau; EUL/NGL (2012-01-23--2014-06-30)3 unknown; Bloco de Esquerda (2009-07-14--2014-06-30)3 substitute; Delegation for relations with the Palestinian Legislative Council (2009-09-16--2014-06-30)3 vice-chair; Delegation for relations with the Mashreq countries (2009-09-17--2014-06-30)3 substitute; ECON (2012-05-10--2014-06-30)3
lpv:translated text	"Mr President, Commissioner, I confess that I share much of the concern that was initially presented here on the democratic legitimacy and democratic control related to this proposal for banking union and banking supervision, as a key issue is unclear and unresolved: the role of Parliament, the only institution democratically and directly elected by citizens. However, I also have another concern, which is an underlying concern: the EU controls monetary policy instruments, monetary policy is the EU’s responsibility, and banking supervision also becomes the EU’s responsibility. However, if everything goes wrong, if the banks fail, the responsibility for paying for this failure falls to the taxpayers of the Member States and it remains a national responsibility. This is not a minor problem; it is a fundamental problem that is not resolved. Finally, I would also like to mention another unresolved problem: the fact that we continue to tie monetary policy to inflation, which is a secondary issue in the current climate, and not to job creation and growth, as it should be."@en1
lpv:videoURI	<go to Events_and_structure europarl>2

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