Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-05-07-Speech-3-096"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2008-05-07"^^xsd:date2
dcterms:Is Part Of	lp_eu:Transatlantic Economic Council (debate)2
dcterms:Language	"fr"^^xsd:language2
lpv:document identification number	"en.20080507.13.3-096"2
lpv:hasSubsequent	lp_eu:2008-05-07-Speech-3-0972
lpv:speaker	lp:Pervenche Berès2
lpv:spokenAs	substitute; JURI (2008-02-20--2009-07-13)3 member; PES (2004-07-20--2009-07-13)3 substitute; Delegation for relations with the People's Republic of China (2007-03-14--2009-07-13)3 unknown; Parti socialiste (2004-07-20--2009-07-13)3 chair; ECON (2007-02-01--2009-07-13)3 member; Conference of Committee Chairs (2007-02-01--2009-07-13)3
lpv:translated text	"Madam President, Vice-President of the Commission, you are right. After other attempts have failed, this one aims to improve our transatlantic relations on a case-by-case legislative basis. However, there is immediately a dimension that is clearly lacking from our examination of the situation today, and that is the context in which this debate is taking place. Dossier after dossier, we can see what progress has been made on each piece of legislation on either side of the Atlantic. What about the basic discussion we should be having, though, with our American partners about the situation, the risk of their economy going into a recession, the problem with organising decoupling at the start of this recession, and of course, the exchange rate issue? The purpose of this resolution is not to deal with the exchange rate, and yet we know very well that the state of transatlantic relations will depend largely on our ability to regulate trade internationally. When you look at the status of discussions with our US counterparts on dossier after dossier, we are also entitled to talk about dossiers that are perhaps not part of the transatlantic dialogue in the Council which you helped to establish. I will give you just one example: the property market situation. Obviously it is up to US legislators to decide how to improve their ability to issue property loans that reflect the real needs and borrowing capabilities of the US population and to take account of the reality of what it means to finance social housing. We in Europe realise that restoring the financial markets to normal conditions of operation depends largely on the American financial market returning to normal. In our dialogue with our American partners we should therefore also be stressing these issues, which depend on their ability to change their legislation."@en1

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