Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-07-07-Speech-3-283"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2010-07-07"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"de"^^xsd:language2
lpv:document identification number	"en.20100707.23.3-283"2
lpv:hasSubsequent	lp_eu:2010-07-07-Speech-3-8872
lpv:speaker	lp:Andreas Mölzer2
lpv:spokenAs	substitute; AFCO (2009-07-16--2012-01-18)3 member; NA (2009-07-14--2014-06-30)3 member; AFET (2009-07-16--2012-01-18)3 member; Delegation to the EU-Ukraine Parliamentary Cooperation Committee (2009-09-16--2014-06-30)3 unknown; Freiheitliche Partei Österreichs (2009-07-14--2014-06-30)3 substitute; Delegation to the EU-Chile Joint Parliamentary Committee (2009-09-16--2014-06-30)3
lpv:translated text	"Of course, it is essential to increase the amount of cooperation on monitoring the constantly growing European financial market. Large current account deficits at the EU’s expense and property bubbles within the Union have put further strain on the EU, which has already been hard hit by the financial crisis and budget deficits. It may seem sensible to propose that warnings are issued in advance, for example, when property bubbles of this kind begin, but it is doubtful that this will actually have any effect. There were warnings of an impending property bubble some time ago in the USA and this had no impact on the financial markets. So we will soon have a new financial supervisory body which cannot take any measures or impose any sanctions. In addition, there are doubts about its actual powers. This solution does not seem to me to have been fully thought through and this is why I have abstained."@en1

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