Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-07-06-Speech-2-425"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2010-07-06"^^xsd:date2
dcterms:Is Part Of	lp_eu:Specific tasks for the European Central Bank concerning the functioning of the European Systemic Risk Board - Powers of the European Banking Authority, the European Insurance and Occupational Pensions Authority and the European Securities and Markets Authority - European Securities and Markets Authority - Macro-prudential oversight of the financial system and establishment of a European Systemic Risk Board - European Banking Authority - European Insurance and Occupational Pensions Authority - Cross-Border Crisis Management in the Banking Sector (debate)2
dcterms:Language	"en"^^xsd:language2
lpv:document identification number	"en.20100706.28.2-425"2
lpv:hasSubsequent	lp_eu:2010-07-06-Speech-2-4262
lpv:speaker	lp:Gay Mitchell2
lpv:spoken text	"Madam President, in large part, the problem caused in Ireland by the banking and financial crisis can be traced to overpriced assets, particularly houses, but also other properties that banks loan money on. The European Central Bank has been enormously successful in controlling inflation in the European Union, other than asset inflation. For two and a half years, at every meeting of the Economic and Monetary Affairs Committee with the President of the Central Bank, I raised the question of what could be done to control asset inflation. Having low interest rates, where the interest rate is used as a method of controlling our inflation, is a very good instrument when used for lower interest rates or higher interest rates. The problem is that we ignore asset inflation. We have to find, under these new institutions, a way of bringing asset inflation into the calculations and of having an early warning system that deals with assets, particularly house price inflation, because this is at the centre of the problem in some of our countries and in my country in particular."@en1
lpv:spokenAs	substitute; Delegation for relations with the People's Republic of China (2009-09-16--2014-06-30)3 member; Special Committee on the Financial, Economic and Social Crisis (2009-10-08--2011-07-31)3 unknown; Fine Gael Party (2009-07-14--2014-06-30)3 member; DEVE (2009-07-16--2012-01-18)3 member_of_the_bureau; EPP (2009-07-14--2014-06-30)3 substitute; ECON (2009-07-16--2012-01-18)3 member; Delegation to the ACP-EU Joint Parliamentary Assembly (2009-09-16--2014-06-30)3
lpv:unclassifiedMetadata	"Gay Mitchell (PPE )."1
lpv:videoURI	<go to Events_and_structure europarl>2

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The resource appears as object in 2 triples

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