Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-03-10-Speech-3-971"

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"en.20100310.19.3-971"2
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"By supporting the resolution adopted today by a very large majority (536 votes to 80, with 33 abstentions), the French delegation of the Democratic Movement has repeated its wish to have an impact assessment and practical proposals from the European Commission on the creation of taxes on financial transactions. We call on the Commission to draft a proposal in order to define a common European position to be presented to the G20 in June. It would also be a good idea to evaluate the extent to which a tax such as this could help to stabilise the financial markets. The questions to which the Commission should provide answers concern the use of this tax to support developing countries’ adaptation to climate change and the financing of development cooperation, but also the levers that the Commission could use to persuade its partners to join it in implementing this tax so as to prevent the migration of capital. Above all, however, an in-depth impact assessment must be carried out to ensure that this tax will not reduce the Union’s competitiveness or sustainable investment, nor have negative repercussions for SMEs and individual investors."@en1

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