Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-07-06-Speech-2-411"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2010-07-06"^^xsd:date2
dcterms:Is Part Of	lp_eu:Specific tasks for the European Central Bank concerning the functioning of the European Systemic Risk Board - Powers of the European Banking Authority, the European Insurance and Occupational Pensions Authority and the European Securities and Markets Authority - European Securities and Markets Authority - Macro-prudential oversight of the financial system and establishment of a European Systemic Risk Board - European Banking Authority - European Insurance and Occupational Pensions Authority - Cross-Border Crisis Management in the Banking Sector (debate)2
dcterms:Language	"de"^^xsd:language2
lpv:document identification number	"en.20100706.28.2-411"2
lpv:hasSubsequent	lp_eu:2010-07-06-Speech-2-4122
lpv:speaker	lp:Burkhard Balz2
lpv:spokenAs	substitute; Delegation for relations with the People's Republic of China (2009-09-16--2014-06-30)3,3 unknown; Christlich Demokratische Union Deutschlands (2009-07-14--2014-06-30)3,3 substitute; TRAN (2009-07-16--2012-01-18)3,3 member; ECON (2009-07-16--2012-01-18)3,3 member; Delegation for relations with the countries of Southeast Asia and the Association of Southeast Asian Nations (ASEAN) (2009-09-16--2014-06-30)3,3 member; EPP (2009-07-14--2014-06-30)3,3 member; Special Committee on the Financial, Economic and Social Crisis (2009-10-08--2011-07-31)3,3
lpv:translated text	"Madam President, we need more supervision of the financial markets in Europe too. The economic and financial crisis has made it glaringly and painfully obvious that opportunities were missed in the past. The European Financial Supervisory Authorities must be provided with extensive powers. They must not degenerate into empty shells which passively observe market developments. Particularly for financial institutions operating across borders, a central body is required which can join forces with the national supervisory bodies at the crucial time and provide rapid, targeted intervention. Direct intervention rights are imperative where there are differences between national authorities at times of emergencies and also where there are infringements of Community law. The Council must finally accept the European Parliament as a legislator of equal standing. There has certainly been no lack of preparatory work by the responsible MEPs. Numerous discussions have taken place and work has been carried out in Parliament quickly and purposefully. We are now waiting for the Council to provide clear answers and concrete proposals in writing. I feel that a reference to the FIFA World Cup lends itself at the moment to describe the situation: the ball is now in the Council’s half."@en1
lpv:videoURI	<go to Events_and_structure europarl>2

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