Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-04-18-Speech-3-566-000"

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	"pt"^^xsd:language2
lpv:document identification number	"en.20120418.26.3-566-000"2
lpv:hasSubsequent	lp_eu:2012-04-18-Speech-3-567-0002
lpv:speaker	lp:João Ferreira2
lpv:spokenAs	member; Delegation to the EU-Former Yugoslav Republic of Macedonia Joint Parliamentary Committee (2009-09-16--2013-02-03)3 unknown; Partido Comunista Português (2009-07-14--2014-06-30)3 substitute; Delegation for relations with the countries of the Andean Community (2009-09-16--2014-06-30)3 vice-chair; EUL/NGL (2012-02-07--2014-06-30)3 member; PECH (2012-01-19--2014-06-30)3 member; Delegation to the ACP-EU Joint Parliamentary Assembly (2009-09-16--2014-06-30)3 substitute; ENVI (2012-01-19--2014-06-30)3 substitute; BUDG (2012-01-19--2014-06-30)3
lpv:translated text	"Mr President, this is a European Commission proposal aimed at those Member States in serious difficulties. What is now being proposed, and I quote, is that ‘the transfer of part of the financial allocations available to these Member States back to the Commission would be allowed’. These sums, withdrawn from the initial allocations to the Member States in difficulties from the Structural Funds and the Cohesion Fund, will go towards covering losses resulting from loans and guarantees given to any private investors and banks financing projects cofinanced by these funds. This is yet another uniquely European exercise in solidarity. Instead of increasing the allocations to these countries, as was necessary, what is being done in practice – surely in anticipation of the upcoming financial perspectives – is reducing the overall sum available to these countries. There were other ways to overcome the severe limitations from the private investment side. Fundamentally, in addition to the exorbitant interest rates charged under the IMF/EU programmes, what the Portuguese, Greek, Irish and Romanian peoples are seeing increasingly clearly is for what they can and cannot count on the European Union."@en1
lpv:videoURI	<go to Events_and_structure europarl>2

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