Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-11-11-Speech-4-197"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2010-11-11"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"el"^^xsd:language2
lpv:document identification number	"en.20101111.21.4-197"2
lpv:hasSubsequent	lp_eu:2010-11-11-Speech-4-1992
lpv:speaker	lp:Nikolaos Chountis2
lpv:spokenAs	member; Delegation for relations with Albania, Bosnia and Herzegovina, Serbia, Montenegro and Kosovo (2009-09-16--2014-06-30)3 member; ECON (2009-07-16--2012-01-18)3 unknown; Coalition of the Radical Left (2009-07-14--2014-06-30)3 substitute; AFET (2009-07-16--2012-01-18)3 member_of_the_bureau; EUL/NGL (2009-07-14--2014-06-30)3 member; Special Committee on the Financial, Economic and Social Crisis (2009-10-08--2011-07-31)3 substitute; Delegation to the EU-Russia Parliamentary Cooperation Committee (2009-09-16--2014-06-30)3 substitute; Delegation to the EU-Ukraine Parliamentary Cooperation Committee (2009-09-16--2014-06-30)3 substitute; SEDE (2009-07-16--2012-01-18)3
lpv:translated text	"The overblown financial system and its speculative action and lack of transparency were what caused the financial crisis. The crisis – like all crises – needs to be addressed with structural changes, a different and barriers to prevent toxic products from being channelled into the economy. Supervisory measures, which need to be mainstreamed, are also important. However, neither the Commission directive nor the European Parliament’s report guarantee real supervision and control of hedge funds and private equity. With its numerous exemptions and the terms laid down in the report for the purpose of supervision, speculation and a lack of transparency would appear to be here to stay. That is why I voted against the report."@en1

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