Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-03-24-Speech-2-363"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2009-03-24"^^xsd:date2
dcterms:Is Part Of	lp_eu:EIB and EBRD annual reports for 2007 - Community guarantee to the European Investment Bank (debate)2
dcterms:Language	"en"^^xsd:language2
lpv:document identification number	"en.20090324.30.2-363"2
lpv:hasSubsequent	lp_eu:2009-03-24-Speech-2-3642
lpv:speaker	lp:John Whittaker2
lpv:spoken text	"Mr President, what worries me most is the suggestion that the European Investment Bank (EIB) has a significant role to play in solving the financial crisis – that it can somehow act as the Europe-wide body to provide stimulus where Member States have singularly failed to coordinate their own stimuli. The danger is that, if it expands its activities too far into supporting commercial banks and governments – as has been suggested – then its enviable high credit rating may be downgraded, like some of our governments. The EIB has a leverage of about 35 times, and its shareholders are Member State governments. It would be a serious issue if it were to go bust, like some of our commercial banks. The report even encourages the EIB and the Commission to increase lending by experimenting with new innovative financial instruments. I thought the world had seen enough of clever financial tricks."@en1
lpv:spokenAs	unknown; UK Independence Party (2004-07-20--2009-07-13)3 member; IND/DEM (2004-07-20--2009-07-13)3
lpv:unclassifiedMetadata	"John Whittaker,"1 "on behalf of the IND/DEM Group"1
lpv:videoURI	<go to Events_and_structure europarl>2

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The resource appears as object in 2 triples

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