Local view for "http://purl.org/linkedpolitics/eu/plenary/2016-11-22-Speech-2-298-875"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2016-11-22"^^xsd:date2
dcterms:Is Part Of	lp_eu:European Central Bank annual report for 2015 (A8-0302/2016 - Ramon Tremosa i Balcells)2
dcterms:Language	"en"^^xsd:language2
lpv:document identification number	"en.20161122.22.2-298-875"2
lpv:hasSubsequent	lp_eu:2016-11-22-Speech-2-299-0002
lpv:speaker	lp:Marian Harkin2
lpv:spoken text	"I voted in favour of this balanced report that outlines caution as well as some positive steps that need to be taken in a number of fields by the ECB. It highlights the reality of how persistently low interest rates are a growing problem, given their potential to undermine monetary policy transmission mechanisms. It also correctly identifies that the negative effects from this could be risks to private savings, a damaging reduction in bank profitability, impediments to the sound functioning of pension funds, inflation of asset bubbles and governments feeling less pressure to carry out structural reforms. On a more positive note, the report broadly supports the ECB’s actions to deal with the difficult economic outlook, especially its endeavour to return to a sound level of inflation, and calls for the completion of the banking union and the establishment of a capital market union."@en1
lpv:spokenAs	member; EMPL (2014-07-01--2017-01-18)3 substitute; PETI (2014-07-01--2017-01-18)3 substitute; ECON (2014-07-01--2017-01-18)3
lpv:unclassifiedMetadata	"Marian Harkin (ALDE ),"1 "in writing. ‒"1

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The resource appears as object in 2 triples

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