Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-07-07-Speech-3-291"

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	"pt"^^xsd:language2
lpv:document identification number	"en.20100707.23.3-291"2
lpv:hasSubsequent	lp_eu:2010-07-07-Speech-3-8812
lpv:speaker	lp:Ilda Figueiredo2
lpv:spokenAs	vice-chair; Delegation for relations with the countries of Central America (2009-09-16--2012-01-17)3 unknown; Coligação Democrática Unitária (PCP-PEV) (2009-07-14--2012-01-17)3 vice-chair; EUL/NGL (2009-07-14--2012-01-17)3 vice-chair; EMPL (2009-07-16--2012-01-17)3 member; FEMM (2009-07-16--2012-01-17)3 substitute; ITRE (2009-07-16--2012-01-17)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 member; Delegation to the Euro-Latin American Parliamentary Assembly (2009-09-16--2012-01-17)3 substitute; Delegation for relations with the Mercosur countries (2009-09-16--2012-01-17)3
lpv:translated text	"This report limits itself to asking the Commission to present one or more legislative proposals by the end of the year on cross-border crisis management in the banking sector, an EU financial stability fund and a crisis resolution unit. Although it comes with a number of recommendations, it constantly refers back to the initiatives adopted by international bodies such as the G20 and the International Monetary Fund. That is, it respects the principles of international capitalism. Of course, it recognises that regulating, at EU level, crisis management in the banking sector is insufficient and that existing supervision mechanisms for the financial sector in the EU and at international level have been proven ineffective in preventing or sufficiently containing the contagion effects. That is putting it mildly, given the obvious facts of what we are experiencing. Therefore, the European Parliament stresses that the EU will have to reach a consensus about who does what, when and how in the event of a crisis in financial institutions. It then states that in a crisis, the EU’s legislative framework should help to safeguard financial stability, minimise the burden on taxpayers, preserve the core banking services and protect depositors. However, concrete and effective measures that turn these words into action continue to be postponed."@en1

Named graphs describing this resource:

The resource appears as object in 2 triples

Context graph