Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-03-24-Speech-3-042"

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"en.20100324.12.3-042"2
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"Madam President, I think we have dealt sufficiently and fairly with the issue of Greece. I should like to touch on an issue that also concerns other countries. Mr Schulz said that interest rates currently stand at 2-3% in Europe. I should like to tell you that in Cyprus, the interest rate currently stands at 6%. Anything above this level and the banks are on their knees and nothing can change this picture. We consider that the Council should also work in this direction in future, so that we do not see other countries getting into the same mess as Greece. I should like to make two proposals: We gave billions to the banks in a bid to get the banks rolling. Would it not have been better for the state to give this money as the interest rate on a mortgage for a primary residence, given that consumers were going to the bank to pay their instalment? My second proposal is this: could we not have considered imposing a tax on major cross-border transactions between States? I have one thing to say about one-minute speeches, Madam President. I am sorry but I wish to say that one minute is not long enough to present a view. In the final analysis, it is humiliating to have to resort to slogans."@en1
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