Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-09-12-Speech-3-407-000"

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	"en"^^xsd:language2
lpv:document identification number	"en.20120912.22.3-407-000"2
lpv:hasSubsequent	lp_eu:2012-09-12-Speech-3-408-0002
lpv:speaker	lp:Phil Prendergast2
lpv:spoken text	"Mr President, banking activities of a systemic nature with an impact beyond borders are a stark example of why we need the EU, its institutions and its regulations. It is also evident that the state-led interventions to stave off self-inflicted disaster on the part of our banking sector had extremely serious consequences on many levels beyond those directly stemming from the financial crisis itself. Our citizens have lost incomes, social entitlements and public services. The whole narrative about the crisis has been turned on its head, as public debt has skyrocketed and our exchequer has pumped unprecedented amounts of money to save the financial sector. We thus have many good reasons to welcome any solutions to enhance our pan-European supervisory capacities and to break the link between the sovereign exchequers and banking sector losses. However, for all its urgency, the European Parliament must not accept any solution at any cost."@en1
lpv:spokenAs	member; S&D (2011-04-21--2014-06-30)3 member; Delegation for relations with the United States (2011-05-09--2014-06-30)3 substitute; PETI (2012-01-19--2014-06-30)3 substitute; AGRI (2012-01-19--2014-06-30)3 member; IMCO (2012-01-19--2014-06-30)3 unknown; Labour Party (2011-04-21--2014-06-30)3 substitute; Delegation for relations with Switzerland and Norway and to the EU-Iceland Joint Parliamentary Committee and the European Economic Area (EEA) Joint Parliamentary Committee (2011-05-05--2014-06-30)3
lpv:unclassifiedMetadata	"Phil Prendergast (S&D ). -"1
lpv:videoURI	<go to Events_and_structure europarl>2

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