Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-04-18-Speech-3-552-000"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2012-04-18"^^xsd:date2
dcterms:Is Part Of	lp_eu:Risk sharing instruments for Member States experiencing or threatened with serious difficulties with respect to their financial stability (debate)2
dcterms:Language	"cs"^^xsd:language2
lpv:document identification number	"en.20120418.26.3-552-000"2
lpv:hasSubsequent	lp_eu:2012-04-18-Speech-3-553-0002
lpv:speaker	lp:Oldřich Vlasák2
lpv:spokenAs	substitute; Delegation for relations with the Mercosur countries (2009-09-16--2014-06-30)3 member; REGI (2012-01-19--2014-06-30)3 unknown; Občanská demokratická strana (2009-07-14--2014-06-30)3 member; Parliament's Bureau (2012-01-18--2014-06-30)3 substitute; Delegation to the Euro-Latin American Parliamentary Assembly (2009-09-16--2014-06-30)3 member; Delegation to the ACP-EU Joint Parliamentary Assembly (2009-09-16--2014-06-30)3 member_of_the_bureau; PECH (2012-01-31--2014-06-30)3 substitute; TRAN (2012-01-19--2014-06-30)3 vice-president; European Parliament (2012-01-18--2014-06-30)3
lpv:translated text	"Mr President, we are debating measures today through which the Commission will try to address the effects of the high levels of debt of some Member States, in which there are problems with liquidity and with the actual provision of loans. It is clearly important for the European economy to facilitate the approval of loans, whether from the European Investment Bank (EIB) or other financial institutions. I firmly believe, however, that too much interference in the lending market is not a good thing. Every bank, including the EIB, must assess credit risk according to its own current criteria and set interest rates accordingly, so that it can cover all the costs for money lent. If applicants only obtain loans in future because we are now pouring cohesion policy funds into guarantees, then that is not ideal, in my opinion. We may address the current problem of low liquidity, but we will soon have to address the problem of unpaid loans, and that is no way to help the economy. I would therefore like to make a call for the greatest possible emphasis to be placed in future on boosting the effectiveness of the cohesion policy, as opposed to ‘mere’ financial absorption."@en1
lpv:videoURI	<go to Events_and_structure europarl>2

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