Local view for "http://purl.org/linkedpolitics/eu/plenary/2013-01-15-Speech-2-519-000"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2013-01-15"^^xsd:date2
dcterms:Is Part Of	lp_eu:Feasibility of introducing stability bonds (debate)2
dcterms:Language	"en"^^xsd:language2
lpv:document identification number	"en.20130115.30.2-519-000"2
lpv:hasSubsequent	lp_eu:2013-01-15-Speech-2-520-0002
lpv:speaker	lp:Kay Swinburne2
lpv:spoken text	"Madam President, I do not think it will surprise anyone in this Chamber that I and my group are opposed to these so-called stability bonds. I cannot understand why we are even discussing the concept of mutualising sovereign debt when the current proposals on banking union are at such an early stage. The three pillars of banking union are far from fully erected. While we sit in hours of trialogue over the single supervisory mechanism to give the ECB supervisory powers over some eurozone banks, the work being done on recovery and resolution plans is going slowly and coming up against any number of legal roadblocks erected by different Member States. The deposit guarantee scheme proposal has languished for Council for months and months, three pillars requiring less sharing of sovereignty proving difficult to deliver. This report is calling for the mutualisation of debt through common issuance of bonds and goes much further than any of the banking union proposals that we are currently discussing. Therefore it is disingenuous for this Parliament to vote it through tomorrow. The proposal is not about increasing stability, but exposing divisions between all of those within the eurozone and those signed up to join it."@en1
lpv:spokenAs	substitute; Delegation to the Parliamentary Assembly of the Union for the Mediterranean (2012-03-28--2014-06-30)3 substitute; CULT (2012-01-25--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 (2009-09-16--2014-06-30)3 substitute; Delegation for relations with the Palestinian Legislative Council (2009-10-19--2014-06-30)3 member; ECON (2012-01-19--2014-06-30)3 unknown; Conservative Party (2009-07-14--2014-06-30)3 member; PECH (2009-07-14--2014-06-30)3
lpv:unclassifiedMetadata	"Kay Swinburne,"1 "on behalf of the ECR Group"1
lpv:videoURI	<go to Events_and_structure europarl>2

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