Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-09-22-Speech-3-243"

PredicateValue (sorted: default)
rdf:type
dcterms:Date
dcterms:Is Part Of
dcterms:Language
lpv:document identification number
"en.20100922.20.3-243"2
lpv:hasSubsequent
lpv:speaker
lpv:spokenAs
lpv:translated text
"This is another report included in the financial supervision package and is based on the proposal for a regulation establishing a European Banking Authority as an integral part of a European System of Financial Supervisors. In one of its articles, it states that the objective of the authority is to protect the public interest by contributing to short-, medium- and long-term stability and the effectiveness of the financial system for the Union’s economy, its citizens and its companies. In this case, too, these are decisions that do not alter the basic issue, which is financial speculation. Unless they put an end to the derivatives market and tax havens, the establishment of European authorities in these areas will be virtually useless. Our vote against the report is, above all, a protest against the fact that we have yet to see any proposals on putting an end to tax havens, levying a tax on capital movements, or closing the derivatives market. What clearly emerges from the whole of this financial package is that it attempts to create the illusion that the problems of the crisis are being solved, but without addressing the basic issues that allow the financial groups to make huge profits from speculation, including speculation in the sovereign debt of Member States with more fragile economies."@en1

Named graphs describing this resource:

1http://purl.org/linkedpolitics/rdf/English.ttl.gz
2http://purl.org/linkedpolitics/rdf/Events_and_structure.ttl.gz
3http://purl.org/linkedpolitics/rdf/spokenAs.ttl.gz

The resource appears as object in 2 triples

Context graph