Local view for "http://purl.org/linkedpolitics/eu/plenary/2015-04-28-Speech-2-915-000"

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"en.20150428.41.2-915-000"2
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"Madam President, money market funds: not a single one caused a systemic risk during the course of the crash. Money market funds: not a single person lost any money throughout the crash in Europe. Money market funds are essential for the real economy to work. But if you listen to the people in this Chamber – such as the previous speaker we have just heard – money market funds were the cause of all the crises, the jobs, the unemployment, and the people dying and suffering in Europe today. Nothing could be further from the truth. But what is the truth? It is that in Europe we have a crisis in our economies and we have a crisis of unemployment which is caused, firstly, by the euro itself and the impact it has on our economies and, secondly, the meddling of this Chamber in the financial markets and business as a whole. We already know that in the United Kingdom HSBC is considering leaving to go to Asia because of EU regulations. Asia is succeeding because Europe is failing."@en1
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