Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-11-20-Speech-2-399-250"

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"en.20121120.28.2-399-250"2
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". Five years after the serious financial crisis, European citizens are still waiting for us to come to a conclusion and learn legislative lessons that will enable us to put an end to the most questionable practices of the financial system. However, it appears not only that these lessons have not been learned, but also that, because of this, we are still being exposed to horrific financial turmoil. Even worse, some practices are becoming more widespread. This is especially the case with shadow banking, the ‘black hole’ of international finance, which is totally out of control and swallowing up billions of euros. It is incomprehensible and irresponsible. The European Parliament is therefore well advised to single out this nonsense and must continue its work to move forward on this fundamental issue."@en1

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