Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-09-12-Speech-3-392-000"

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	"de"^^xsd:language2
lpv:document identification number	"en.20120912.22.3-392-000"2
lpv:hasSubsequent	lp_eu:2012-09-12-Speech-3-393-0002
lpv:speaker	lp:Werner Langen2
lpv:spokenAs	member; Conference of Delegation Chairs (2009-09-30--2014-06-30)3 member; EPP (2012-02-03--2014-06-30)3 substitute; ITRE (2012-01-19--2014-06-30)3 member; ECON (2012-01-19--2014-06-30)3 substitute; Delegation for relations with the People's Republic of China (2009-09-16--2014-06-30)3 chair; Delegation for relations with the countries of Southeast Asia and the Association of Southeast Asian Nations (ASEAN) (2009-09-30--2014-06-30)3 unknown; Christlich Demokratische Union Deutschlands (2009-07-14--2014-06-30)3
lpv:translated text	"Mr President, Parliament already considered the question of European bank supervision with uniform regulations and rights of intervention two years ago. This project failed because of the Member States, and the Commission accepted the result. If things have changed, then I am unreservedly in favour. However, serious concerns exist in relation to the role of the European Central Bank (ECB) and the legal basis; they also relate to the fact that all 6 000 banks in the euro area are now to be controlled by a European super-authority in the shape of the ECB. This proposal runs counter to the principle of subsidiarity, disempowers the national supervisory authorities and emasculates the European Banking Authority (EBA). New rules have been introduced that favour the non-euro area members of the EBA. In other words, this entire system will not lead to the implementation of uniform regulations. I am sure that the Council will not accept this proposal in this form. This is why Parliament has the right to insist on a different legal basis and thus, in particular, to make the EBA the cornerstone, rather than the European Central Bank. The establishment of uniform regulations for all locations and all authorities and banks is the right approach. Greater, risk-based distribution of supervision is also right. Last week, Mr Draghi said he was considering a matrix in the distribution of functions involving the balance sheet total, international business and risk weighting. I see no evidence of this in the proposal. The Commissioner has once again identified regional banks like Bankia, which has a balance sheet of EUR 310 billion, or Dexia with EUR 560 billion, or Northern Rock with EUR 150 billion, as small banks. This has been established within national competences, under EU competition law, not with excessive bank supervision. This is not my main point, however. I am also in favour of the fund, of restructuring, of the EUR 150 billion fund that Mr Van Rompuy is to propose. I am opposed to a uniform deposit guarantee scheme throughout Europe. After all, this would mean that first taxpayers, and then savers, would have to pay for the banking crisis. Parliament, or at least part of it, will resist this very strongly."@en1
lpv:unclassifiedMetadata	"(The speaker agreed to take a blue-card question under Rule 149(8))"1
lpv:videoURI	<go to Events_and_structure europarl>2

Named graphs describing this resource:

The resource appears as object in 2 triples

Context graph