Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-07-06-Speech-2-441"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2010-07-06"^^xsd:date2
dcterms:Is Part Of	lp_eu:European Financial Stability Facility and European financial stabilisation mechanism and future actions (debate)2
dcterms:Language	"de"^^xsd:language2
lpv:document identification number	"en.20100706.29.2-441"2
lpv:hasSubsequent	lp_eu:2010-07-06-Speech-2-4422
lpv:speaker	lp:Othmar Karas2
lpv:spokenAs	member; ECON (2009-07-16--2012-01-18)3 substitute; Delegation to the Euronest Parliamentary Assembly (2009-09-16--2014-06-30)3 member; Special Committee on the Financial, Economic and Social Crisis (2009-10-08--2011-07-31)3 substitute; IMCO (2009-07-16--2012-01-18)3 vice-chair; EPP (2009-11-25--2012-02-02)3 substitute; Special committee on the policy challenges and budgetary resources for a sustainable European Union after 2013 (2010-06-17--2011-06-30)3 substitute; Delegation for relations with Japan (2009-09-16--2014-06-30)3 member; Delegation for relations with Canada (2009-09-16--2014-06-30)3 unknown; Österreichische Volkspartei (2009-07-14--2014-06-30)3
lpv:translated text	"Madam President, Commissioner, unfortunately I am unable to go into detail now on the disregard for parliamentary rights and the basis for the safety net. However, I wish to say the following on the subject. In our view, the financial stabilisation mechanism is not a substitute for developing a European monetary fund. I believe that we need a European bank levy which should be used, primarily, to raise the necessary capital for a European rating agency and, secondly, to develop a European monetary fund. The financial stabilisation mechanism illustrates the urgency of financial market reforms. However, it also indicates a lack of any crisis mechanism, as well as the fact that we need a political, economic and social union, and a stronger Europe in general. The best stabilisation mechanism, in my view, is to comply with the Maastricht criteria and the Stability and Growth Pact, implement the internal market and devise a competition policy based on a dynamic education, research and investment campaign, so that we can achieve growth and employment without us having to dip into taxpayers’ pockets in an emergency."@en1
lpv:videoURI	<go to Events_and_structure europarl>2

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