Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-12-15-Speech-3-063"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2010-12-15"^^xsd:date2
dcterms:Is Part Of	lp_eu:Preparations for the European Council meeting (16-17 December 2010) - Establishing a permanent crisis mechanism to safeguard the financial stability of the euro area (debate)2
dcterms:Language	"en"^^xsd:language2
lpv:document identification number	"en.20101215.5.3-063"2
lpv:hasSubsequent	lp_eu:2010-12-15-Speech-3-0642
lpv:speaker	lp:Tunne Kelam2
lpv:spoken text	"Madam President, the financial crisis has indicated that there is an even greater need for more Europe. The lesson to be learned is that acting predominantly on the basis of national considerations does not help any Member State. Tomorrow, therefore, is an occasion for joint action, fiscal consolidation and a stability pact with sanctions. This will also be the time to solve the long-standing paradox of Europe. The EU is based on a single market but this single market is still not complete. Now is the time to start the single digital market. We need to set up a permanent crisis management mechanism, preferably group-based. Secondly, as action should be led on prevention and early intervention, there is a need to better harmonise conditions for early intervention and for activating the crisis-management mechanisms, whilst avoiding, of course, over-regulation. Thirdly, the purpose of crisis-management funds should be clearly defined. Their goal is to ensure macro-financial stability. They should not be used to solve other current problems. Fourthly, supervisory rights should be defined more precisely at EU level, such as in the case of possible intervention into the activities of financial institutions, which will include the right to stop paying dividends or stop activities that pose unjustified risks."@en1
lpv:spokenAs	member; AFET (2009-07-16--2012-01-18)3 substitute; Delegation for relations with Iraq (2009-09-16--2014-06-30)3 member; Delegation for relations with the United States (2009-09-16--2014-06-30)3 member; SEDE (2009-07-16--2012-01-18)3 member_of_the_bureau; EPP (2009-07-14--2014-06-30)3 substitute; EMPL (2009-07-16--2012-01-18)3 substitute; Delegation for relations with the NATO Parliamentary Assembly (2009-09-16--2014-06-30)3 unknown; Erakond Isamaa ja Res Publica Liit (2009-07-14--2014-06-30)3
lpv:unclassifiedMetadata	"Tunne Kelam (PPE ). -"1
lpv:videoURI	<go to Events_and_structure europarl>2

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