Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-02-17-Speech-4-355-000"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2011-02-17"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"ro"^^xsd:language2
lpv:document identification number	"en.20110217.18.4-355-000"2
lpv:hasSubsequent	lp_eu:2011-02-17-Speech-4-356-0002
lpv:speaker	lp:Elena Băsescu2
lpv:spokenAs	member; EPP (2009-07-14--2014-06-30)3 unknown; Partidul Democrat-Liberal (2009-07-14--2014-06-30)3 member; Delegation for relations with Israel (2009-09-16--2014-06-30)3 substitute; ECON (2010-05-12--2012-01-18)3 substitute; Delegation to the EU-Moldova Parliamentary Cooperation Committee (2010-01-20--2014-06-30)3 substitute; Delegation for relations with the United States (2009-09-16--2012-02-12)3 member; PETI (2009-10-07--2012-01-18)3 substitute; AFET (2009-07-16--2012-01-18)3
lpv:translated text	". I voted in favour of this document. Although, according to forecasts, global cereal, wheat and sugar stocks will be higher than in 2007 and there does not seem to be any recurrence of the situation that led to the food crisis in 2008, there is an over-reaction by the markets, causing excessive volatility, which can be explained by the actions of speculators’ investments funds. Furthermore, whole sectors of the agricultural industry are under threat. I see this situation in my own country, Romania. Indeed, the 5% increase in the VAT rate, which has reached 24%, was reflected immediately in price rises. It is difficult to accept that a livestock farmer toiling day in day out is the victim of a market game which is played tens of thousands of kilometres away on the computers of companies which have nothing to do with agriculture, but have sufficient money to destabilise global markets."@en1

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