Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-03-08-Speech-2-292-500"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2011-03-08"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"it"^^xsd:language2
lpv:document identification number	"en.20110308.22.2-292-500"2
lpv:hasSubsequent	lp_eu:2011-03-08-Speech-2-293-0002
lpv:speaker	lp:Carlo Fidanza2
lpv:spokenAs	substitute; Delegation for relations with South Africa (2009-09-16--2014-06-30)3 substitute; AGRI (2009-07-16--2012-01-18)3 member_of_the_bureau; EPP (2009-09-16--2014-06-30)3 unknown; Il Popolo della Libertà (2009-07-14--2013-03-03)3 member; Delegation for relations with Afghanistan (2009-10-21--2014-06-30)3 member; TRAN (2009-07-16--2012-01-18)3
lpv:translated text	"I welcome the resolution on innovative financial instruments which represents Parliament’s contribution to the debate on how to generate new revenue, ensure a fair tax policy and maximise income recovery capabilities. I support the introduction of a financial transaction tax (FTT): the recent crisis – for which we can blame a certain kind of speculative finance – shows how states and citizens end up paying personally for the damage caused by others. A tax on financial transactions would swell the EU coffers by about EUR 200 billion each year and help curb speculative activities, making them more expensive and therefore less attractive. However, I believe that this tax should be established globally and not only in Europe, in order to avoid creating a competitive disadvantage to Europe itself which, let us not forget, is highly attractive being the largest global market. We should also all welcome Parliament’s support for Eurobonds and project bonds, which will promote recovery by stimulating the real economy and encouraging the creation of infrastructures vital to the European economy."@en1

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