Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-09-16-Speech-3-038"
| Predicate | Value (sorted: default) |
|---|---|
| rdf:type | |
| dcterms:Date | |
| dcterms:Is Part Of | |
| dcterms:Language | |
| lpv:document identification number |
"en.20090916.4.3-038"2
|
| lpv:hasSubsequent | |
| lpv:speaker | |
| lpv:spokenAs | |
| lpv:translated text |
"Ladies and gentlemen, allow me to approach this subject from one of the perversities of the crisis. Hungary’s citizens were shocked that, while the country is currently subsisting on aid from the IMF and EU, following seven years of socialist government, Hungarian banks’ half-year profits reached two-thirds of their pre-crisis level. The banks are also able to amend unilaterally their agreements, thereby putting in a vulnerable position citizens who have taken out foreign currency loans in the hope of buying their own flat.
I firmly believe that we must take action against such trends. We should subject the banks and other financial market operators to proper supervision. We should prevent the continuation of the damaging bonus culture prevalent before the crisis. We should set in stone rules of professional ethics because we have seen where we end up with excessive deregulation. Let us create a world which gives rewards, not for making a quick, short-term profit and immoderation, but for proper work, and which regards social responsibility as a basic value. We must work together on sensible rules to win over our G20 partners."@en1
|
| lpv:videoURI |
Named graphs describing this resource:
The resource appears as object in 2 triples