Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-03-08-Speech-2-291-500"

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"en.20110308.22.2-291-500"2
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"This report deals with the need to find new forms of public sector financing at a world and European level. In reality, the current economic and financial crisis is requiring Member States to seek revenue to attenuate their budget crises. New means of financing include taxation of the financial sector and CO emissions. In recent times, the financial sector has distorted its objectives of financing the development of the economy and, with the excuse of needing to cover risks, has increased rates, immediately obtaining enormous profits that seriously affect public finances and citizens. Meanwhile, a tax on CO emissions would make the ‘polluter pays’ principle fairer and more consistent, contributing not only to reducing climate change, but also to financing investment projects in this area. I agree with having a financial transaction tax at a global level. I believe that its introduction at a European level should be preceded by an impact study. I also agree with the implementation of Eurobonds, as I believe them to be a common instrument for debt management."@en1
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