Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-11-11-Speech-4-199"
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"en.20101111.21.4-199"2
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"Although growth in the European Union is still suffering the consequences of the 2008 economic crisis, I voted in favour of Mr Gauzès’ report because it helps rationalise the financial system through better control of investment funds. Indeed, speculative funds have been exposed as having helped exacerbate the crisis. By creating a ‘European passport’ system, the European Union is imposing a kind of ‘code of conduct’ on these financial bodies, which will now have to meet certain conditions within the European area. As a result, the single market will become more transparent and efficient."@en1
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