Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-11-24-Speech-3-046"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2010-11-24"^^xsd:date2
dcterms:Is Part Of	lp_eu:Conclusions of the European Council meeting (28-29 October) and economic governance (debate)2
dcterms:Language	"el"^^xsd:language2
lpv:document identification number	"en.20101124.4.3-046"2
lpv:hasSubsequent	lp_eu:2010-11-24-Speech-3-0472
lpv:speaker	lp:Anni Podimata2
lpv:spokenAs	member; S&D (2009-07-14--2014-06-30)3 vice-chair; ITRE (2009-07-16--2012-01-18)3 substitute; Delegation to the ACP-EU Joint Parliamentary Assembly (2009-09-17--2014-06-30)3 member; Special Committee on the Financial, Economic and Social Crisis (2009-10-08--2011-07-31)3 member; Delegation to the EU-Former Yugoslav Republic of Macedonia Joint Parliamentary Committee (2009-09-16--2014-06-30)3 substitute; Delegation for relations with the People's Republic of China (2009-09-16--2014-06-30)3 unknown; Panhellenic Socialist Movement (2009-07-14--2014-06-30)3 member; ECON (2010-01-20--2012-01-18)3
lpv:translated text	"Mr President, if there is one basic conclusion to be drawn from the decisions taken by the last European Council, it is that they failed to persuade the markets, they failed to appease the markets. With the markets nowadays having the first and the last word, we need to ask ourselves why. Is it perhaps because, over and above the very stringent rules of budgetary discipline, the markets understand that we are widening rather than addressing the economic and political cohesion gap within the euro area? Is it perhaps because the treatment which one group of states reserved for what was, all other things being equal, the right idea of creating a permanent crisis management mechanism appeared to cancel out the added value of such a mechanism in practice, thereby sending the wrong message to the markets and putting us at risk of ending up with a mechanism that was a self-fulfilling prophecy of controlled bankruptcy? If we really are determined to involve the private sector, to apportion the burden, why do we doggedly refuse to go ahead and adopt a transaction tax at European level? Finally, why can we not understand that there is an important gap between tightening up the rules of budgetary discipline and a permanent crisis management mechanism? A gap that we could plug if we were to decide to seriously consider the creation of a joint mechanism to manage part of the Member States’ debt by issuing Eurobonds."@en1
lpv:videoURI	<go to Events_and_structure europarl>2

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