Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-07-06-Speech-2-445"

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	"ro"^^xsd:language2
lpv:document identification number	"en.20100706.29.2-445"2
lpv:hasSubsequent	lp_eu:2010-07-06-Speech-2-4462
lpv:speaker	lp:Elena Băsescu2
lpv:spokenAs	member; EPP (2009-07-14--2014-06-30)3 unknown; Partidul Democrat-Liberal (2009-07-14--2014-06-30)3 member; Delegation for relations with Israel (2009-09-16--2014-06-30)3 substitute; ECON (2010-05-12--2012-01-18)3 substitute; Delegation to the EU-Moldova Parliamentary Cooperation Committee (2010-01-20--2014-06-30)3 substitute; Delegation for relations with the United States (2009-09-16--2012-02-12)3 member; PETI (2009-10-07--2012-01-18)3 substitute; AFET (2009-07-16--2012-01-18)3
lpv:translated text	"On 9 May, Member States’ finance ministers decided to create a European financial stabilisation mechanism. This is part of a package of legislative measures envisaged to protect the euro and support the recovery of the financial situation in the European Union. I believe that the new mechanism will have to provide a prompt, well coordinated response if a state is unable to finance its public debt off its own bat. In fact, this will be able to contribute to the sustainability of the public finances of the beneficiary Member State. The EU has already responded to a crisis situation using the European financial stabilisation mechanism which it was not adequately prepared for. Finally, I would like to ask you the following question, Commissioner Barnier: given the temporary nature of this mechanism lasting three years and taking into account the EU’s need to respond promptly in crisis situations, when do you reckon that this mechanism will become permanent and where would the relevant sources of funding come from?"@en1
lpv:videoURI	<go to Events_and_structure europarl>2

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