Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-09-20-Speech-1-195"

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"en.20100920.21.1-195"2
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"Two years ago, the collapse of Lehman Brothers triggered the crash on the financial markets and subsequently the economic and social crisis still being experienced by our people today. The response must be balanced. The European Union has been quick, merciless and intransigent in the austerity programmes it has applied, and extremely slow or even remiss in everything else that could bring justice to the economy. Parliament is only this week adopting the first measures relating to supervision of the financial system; only over the next nine years will the banking system apply the rules defined for their own capital and all the other demands from the public, namely combating speculative capital, an end to tax havens or a tax on financial transactions. All this has been postponed, and this is why the European Day of Action on 29 September is so necessary and so important across Europe."@en1
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