Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-03-10-Speech-3-250"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2010-03-10"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"fr"^^xsd:language2
lpv:document identification number	"en.20100310.19.3-250"2
lpv:hasSubsequent	lp_eu:2010-03-10-Speech-3-9702
lpv:speaker	lp:Harlem Désir2
lpv:spokenAs	member; S&D (2009-07-14--2014-04-08)3 unknown; Parti socialiste (2009-07-14--2014-04-08)3 member; Delegation for relations with India (2009-09-16--2014-04-08)3 substitute; DEVE (2009-07-16--2011-01-26)3 substitute; Delegation for relations with Japan (2009-09-16--2014-04-08)3 member; INTA (2009-07-16--2012-01-18)3
lpv:translated text	"In 2000, I tabled with the Globalisation Intergroup the first resolution calling for the Commission to examine the feasibility of a tax on speculative capital flows. The resolution was not adopted, since it was just short of the number of votes required. Ten years have passed, the G20, like several Member States, is no longer ruling out the idea of such a tax, and above all, the financial crisis has served to remind us of the damage that volatile financial markets can cause. That is why I welcome the adoption by a wide margin of the resolution on taxes on financial transactions. This is only a small step, but the message is clear. Parliament is calling on the Commission to finally take up the issue and to work on an implementation project. A tax such as this would have the twin advantage of helping to stabilise the markets and of generating huge revenues to help developing countries finance their adaptation to climate change and the fight against poverty. Objectors tell us that it will only be effective if it is global, but make a start we must, as some countries have done with the tax on flight tickets. A wait­and­see policy will get us nowhere. We must show the way."@en1

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