Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-04-07-Speech-3-046"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2010-04-07"^^xsd:date2
dcterms:Is Part Of	lp_eu:Conclusions of the European Council meeting (25-26 March 2010) (debate)2
dcterms:Language	"es"^^xsd:language2
lpv:document identification number	"en.20100407.4.3-046"2
lpv:hasSubsequent	lp_eu:2010-04-07-Speech-3-0472
lpv:speaker	lp:José Manuel García-margallo Y Marfil2
lpv:spokenAs	substitute; Delegation to the ACP-EU Joint Parliamentary Assembly (2009-09-16--2011-12-20)3 vice-chair; ECON (2009-07-16--2011-12-20)3 member; Delegation to the Euro-Latin American Parliamentary Assembly (2009-09-16--2011-12-20)3 member; Special Committee on the Financial, Economic and Social Crisis (2009-10-08--2011-07-31)3 chair; Delegation for relations with the countries of the Andean Community (2009-09-16--2011-12-20)3 unknown; Partido Popular (2009-07-14--2011-12-20)3 member; Conference of Delegation Chairs (2009-09-16--2011-12-20)3 substitute; IMCO (2009-07-16--2011-12-20)3 member_of_the_bureau; EPP (2009-09-16--2011-12-20)3
lpv:translated text	"Mr President, I am going to try to say two new things on the subjects with which the European Council has been dealing: the 2020 strategy and the regulation of the financial markets. As regards the 2020 strategy, all of us here have been saying for quite some time that one of the reasons for the relative failure of the Lisbon Strategy was that there were not enough tools to oblige Member States to honour their commitments. Now the Commission and the European Council are coming to us with a proposal that is more of the same: a weak agreement that makes reference to Articles 121 and 136 of the Treaty. The President-in-Office of the Council began the Spanish Presidency by saying that he was aware of this weakness and that he wanted more: that he wanted to strengthen economic governance. I ask you now, Mr President of the European Council: ‘Where are the courtly gallantries? The deeds of love and high emprise, In battle done?’ What has happened to these intentions? As regards financial regulation, I have one piece of bad news and two of good news. The bad news is that the Council has decided to delay the regulation of alternative investment funds – known as casino capitalism – at precisely the time when these funds have been partly responsible for the speculation on the Greek economy. The first piece of good news is that the 2020 strategy talks about obliging financial institutions to put money aside to pay for some of the plates they smash; or, as President Obama would put it, to avoid Main Street having to pay for the damage caused by Wall Street. The second is that for the first time the Council is singling out the systemic institutions to which it wishes to pay particular attention. These two things feature in the reports that Parliament is currently debating. They do not feature in the agreement that the Council reached in December. I would like to see the Council taking these two ideas up again, because then we will be much closer to playing ball. Believe me, Mr President, I am really keen to play ball with the Council that you are chairing."@en1
lpv:videoURI	<go to Events_and_structure europarl>2

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