Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-06-15-Speech-2-892"
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"en.20100615.24.2-892"2
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"Parliament is sending a strong message by adopting a resolution on the progress made towards achieving the Millennium Development Goals. This shows the importance that Europe attaches to eliminating poverty, hunger, disease and infant and maternal mortality between now and 2015. On the eve of the European Council, the message is clear. The Heads of State or Government of the EU must stick to their financial commitments, including – perhaps even more than ever – in this period of global economic and financial crisis. What is needed is a contribution of 0.7% of the GNP of the Member States. In order to catch up with respect to its financial commitments, Europe must create new mechanisms of financing, such as a tax of 0.05% on financial transactions. Given how much these transactions currently amount to – recently, this was 70 times the global GNP – such a tax could free up EUR 10 billion per year. In addition, it would have the advantage of making the financial sector contribute. This would seem fair, given that this sector has benefited from enormous amounts of State aid in order to survive the unprecedented crisis that it itself caused. A unilateral EU initiative could act as a catalyst at a global level."@en1
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