Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-10-08-Speech-4-150"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2009-10-08"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"de"^^xsd:language2
lpv:document identification number	"en.20091008.13.4-150"2
lpv:hasSubsequent	lp_eu:2009-10-08-Speech-4-1512
lpv:speaker	lp:Andreas Mölzer2
lpv:spokenAs	substitute; AFCO (2009-07-16--2012-01-18)3 member; NA (2009-07-14--2014-06-30)3 member; AFET (2009-07-16--2012-01-18)3 member; Delegation to the EU-Ukraine Parliamentary Cooperation Committee (2009-09-16--2014-06-30)3 unknown; Freiheitliche Partei Österreichs (2009-07-14--2014-06-30)3 substitute; Delegation to the EU-Chile Joint Parliamentary Committee (2009-09-16--2014-06-30)3
lpv:translated text	"The motion for a resolution on the G20 Summit in Pittsburgh explicitly states that the crisis is the result of reckless and irresponsible risk-taking by some financial institutions in addition to a lack of regulation of the financial market. The door was thus left wide open for total speculation. It is therefore even more important to adopt appropriate rules for the markets quickly. The ideas put forward in this regard in the motion are, on and off, very much to be welcomed. It is unfortunate, however, that the motion also stands behind the Basel II provisions which, we know from experience, have led to the flow of capital to small and medium-sized businesses practically running dry. The rigorous abolition of banking secrecy is not something that I can support, out of consideration for the many small bank customers, for which reason I decided to abstain from the final vote."@en1

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