Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-10-20-Speech-3-056"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2010-10-20"^^xsd:date2
dcterms:Is Part Of	lp_eu:Preparations for the European Council meeting (28-29 October) - Preparations for the G20 summit (11-12 November) - Financial, economic and social crisis: recommendations concerning the measures and initiatives to be taken - Improving economic governance and stability framework in the EU, in particular, in the euro zone (debate)2
dcterms:Language	"en"^^xsd:language2
lpv:document identification number	"en.20101020.3.3-056"2
lpv:hasSubsequent	lp_eu:2010-10-20-Speech-3-0572
lpv:speaker	lp:Vicky Ford2
lpv:spoken text	"Mr President, better economic governance is required with earlier warnings and earlier actions. Traditional debt and deficit targets have been breached by many countries, but would not have warned us about the crisis pending in Spain or Ireland. Other measures are needed too. Economics, however, is not an exact science and it is not just about numbers. Soviet history reminds us that central counting of tractor production does not, in itself, bring a strong economy, and centralised taxes or a centralised treasury are not a Utopian solution either. There are many questions about what actions to take now. Threatening to fine a nearly bankrupt nation feels like an empty threat, and promises of continual eurozone bailouts will always bring moral hazard. I am aware that people are concerned about Franco-German deals, but perhaps they have a point. If the market lends the money, then maybe the market should take the loss, not the taxpayer."@en1
lpv:spokenAs	substitute; ITRE (2009-07-21--2011-06-07)3 member; Delegation to the ACP-EU Joint Parliamentary Assembly (2009-09-16--2014-06-30)3 substitute; Delegation for relations with India (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; Conservative Party (2009-07-14--2014-06-30)3 member; PECH (2009-07-14--2014-06-30)3 member; ECON (2009-07-16--2011-06-07)3
lpv:unclassifiedMetadata	"Vicky Ford (ECR )."1
lpv:videoURI	<go to Events_and_structure europarl>2

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