Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-09-22-Speech-3-240"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2010-09-22"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"it"^^xsd:language2
lpv:document identification number	"en.20100922.20.3-240"2
lpv:hasSubsequent	lp_eu:2010-09-22-Speech-3-9062
lpv:speaker	lp:Vito Bonsignore2
lpv:spokenAs	member; Delegation to the Parliamentary Assembly of the Union for the Mediterranean (2010-03-10--2014-06-30)3 substitute; Special committee on the policy challenges and budgetary resources for a sustainable European Union after 2013 (2010-06-17--2011-06-30)3 unknown; Il Popolo della Libertà (2009-07-14--2014-01-22)3 member; Special Committee on the Financial, Economic and Social Crisis (2009-10-08--2011-07-31)3 substitute; BUDG (2009-07-16--2012-01-18)3 vice-chair; EPP (2009-07-14--2014-06-30)3 substitute; PECH (2010-03-10--2012-01-18)3 substitute; Delegation to the EU-Russia Parliamentary Cooperation Committee (2009-09-16--2014-06-30)3 member; Delegation for relations with the Mashreq countries (2009-09-16--2014-06-30)3
lpv:translated text	"I commend the rapporteur for his sustained efforts and for the compromise reached. It is now generally acknowledged that first the financial crisis and then the economic crisis have underlined how crucial it is for Europe to speak with one voice: in the face of a global economic crisis, the EU cannot be divided. We saw that European financial legislation was insufficient and that the supervisory mechanisms proved ineffective. This report therefore attempts to remedy these shortcomings: the attempt to establish a true European authority with clear responsibilities is entirely commendable. The effort to establish a mechanism to resolve future crises is also praiseworthy. Our duty is, above all, to protect the interests of citizens and investors who, in some cases, have seen their savings go up in smoke: it is therefore right to establish an EU fund, pre-financed by financial institutions, which – under Amendment 137 – will protect depositors. I therefore believe that the report is balanced in its objectives, including where it identifies a clear role for SMEs (see Amendments 169-170), which are still today paying the highest price for this crisis. That is why I voted in favour."@en1

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