Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-06-23-Speech-3-037"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2010-06-23"^^xsd:date2
dcterms:Is Part Of	lp_eu:Conclusions of the European Council meeting (17 June 2010) (debate)2
dcterms:Language	"es"^^xsd:language2
lpv:document identification number	"en.20100623.9.3-037"2
lpv:hasSubsequent	lp_eu:2010-06-23-Speech-3-0382
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 member; Special committee on the policy challenges and budgetary resources for a sustainable European Union after 2013 (2010-06-17--2011-06-30)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 would like to talk about financial supervision, which is the only real tangible manifestation of this ethereal idea that we call economic governance, and I must say that we are in a real ceremony of confusion. Just this morning, the rotating President of the Union declared that we are close to an agreement. He urged us to get moving, and both these statements are economical with the truth. We are not close to an agreement, and it is also not the job of the Presidency of the Council to tell the rest of us to get moving. What it needs to do is to get itself moving, and I will tell you in which direction it needs to go. The Council agreement is, as has been said here, an agreement of minimums; it is an agreement that is wanted by some European authorities whose only competences are to propose technical harmonisation rules for a standard interpretation of European law. There was no need to go to so much trouble. This could have been done by the Commission with Article 290, based on the Committee of European Banking Supervisors, which is in force. What Parliament has said is as follows: firstly, that pan-European banks must be supervised by a genuinely European authority that is strong and subject to control by Parliament; secondly, that the banks whose collapse could drag us all down should be subject to special vigilance; thirdly, that when one of these banks gets into difficulties, the banking authority should have a toolbox to prevent infection, restructure the bank and liquidate it in an orderly fashion without the debris landing on the taxpayers’ heads; and fourthly, that there should be two funds pre-financed by the sector itself, in accordance with the ‘polluter pays’ principle, so that we do not end up all paying once again for what Crispin charitably called the irrational exuberance of a few. Mr Barroso, the first time that I saw a high representative of the Spanish Government was on Monday. Before the start of the Spanish Presidency, they were given ..."@en1
lpv:unclassifiedMetadata	"(The President cut off the speaker)"1
lpv:videoURI	<go to Events_and_structure europarl>2

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