Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-10-20-Speech-3-530"

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"en.20101020.21.3-530"2
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"By adopting the resolution on economic governance, the European Parliament is reaffirming its main objectives for the negotiations on the Commission’s six legislative proposals. MEPs deplore the fact that implementation of the Stability and Growth Pact is inadequate and propose the creation of an effective mechanism of incentives and sanctions, as well as stressing the importance of investment in energy, research, innovation, healthcare and education. To end the recession, we need to plan the required funding at European level, and the idea of own resources should be put into practice. We maintain that introducing a tax on financial transactions would reduce speculation and would improve the functioning of the internal market. In addition, the income generated by this tax could help finance global public goods and reduce budget deficits. This tax should be established on the largest possible basis, and certainly at European Union level to start with."@en1

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