Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-12-16-Speech-2-230"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2008-12-16"^^xsd:date2
dcterms:Is Part Of	lp_eu:Outcome of the European Council on 11-12 December 2008 - French Presidency’s term of office (debate)2
dcterms:Language	"fr"^^xsd:language2
lpv:document identification number	"en.20081216.31.2-230"2
lpv:hasSubsequent	lp_eu:2008-12-16-Speech-2-2312
lpv:speaker	lp:Robert Goebbels2
lpv:spokenAs	unknown; Parti ouvrier socialiste luxembourgeois (2004-07-20--2009-07-13)3,3 substitute; ITRE (2007-01-31--2009-07-13)3,3 substitute; Delegation for relations with the countries of Southeast Asia and the Association of Southeast Asian Nations (ASEAN) (2007-03-14--2009-07-13)3,3 member; ECON (2007-01-31--2009-07-13)3,3 substitute; Delegation to the ACP-EU Joint Parliamentary Assembly (2004-09-15--2009-07-13)3,3 substitute; CONT (2007-01-31--2009-07-13)3,3 substitute; Delegation for relations with India (2007-03-16--2009-07-13)3,3 member; Delegation for relations with the countries of South Asia (2007-03-15--2009-07-13)3,3 vice-chair; PES (2004-07-20--2009-07-13)3,3 member; Temporary Committee on Climate Change (2007-05-10--2009-02-04)3,3
lpv:translated text	"Mr President, to a president to whom history has not been kind – I am referring to Chairman Mao, not President Sarkozy – one can offer the following maxim: ‘as long as you are still falling, you have not yet reached the bottom’. The world economy has not yet reached the bottom. The financial crisis has had its run extended. A new financial scandal is demonstrating the incredible irresponsibility of bankers in the face of the capitalism of speculation, while the same bankers are rediscovering all their supercilious inflexibility when considering requests for credit from consumers and business-owners. As the European Central Bank lowers interest rates, the banks are increasing their margins. The states that have just bailed out their banks ought to make it mandatory for them to pass on immediately the significant reductions to the ECB’s base rate. This would be a recovery measure that would cost national budgets nothing. The economic recovery plan adopted by the European Council is unsatisfactory. Apart from the additional loans by the European Investment Bank, there is practically no extra money. The United States is going to inject more sizeable amounts into its economy. It can do so because the rest of the world is continuing to offer it credit despite the colossal deficits of the US state, its businesses and its citizens. Europe is paying a very high price for the absence of a truly unified macroeconomic policy. The timidity of the ECB and the euro area states is preventing us from funding a more effective economic recovery policy through the issue of Eurobonds guaranteed by a European Union whose funding capacity remains intact. Mr President, thank you, I will stop there, but President Sarkozy spoke for 72 minutes while we have 90 seconds in which to express our views."@en1
lpv:videoURI	<go to Events_and_structure europarl>2

Named graphs describing this resource:

The resource appears as object in 2 triples

Context graph