Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-01-19-Speech-3-024-000"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2011-01-19"^^xsd:date2
dcterms:Is Part Of	lp_eu:Conclusions of the European Council meeting on 16-17 December (debate)2
dcterms:Language	"pt"^^xsd:language2
lpv:document identification number	"en.20110119.4.3-024-000"2
lpv:hasSubsequent	lp_eu:2011-01-19-Speech-3-025-0002
lpv:speaker	lp:Miguel Portas2
lpv:spokenAs	member_of_the_bureau; EUL/NGL (2009-07-14--2012-01-22)3 member; Delegation for relations with the Maghreb countries and the Arab Maghreb Union (2009-09-16--2012-04-24)3 substitute; Delegation for relations with Iran (2009-09-16--2012-04-24)3 vice-chair; Special Committee on the Financial, Economic and Social Crisis (2009-10-15--2011-07-31)3 substitute; Delegation for relations with the Mashreq countries (2009-09-16--2012-04-24)3 substitute; ECON (2009-07-16--2012-01-18)3 member; Special committee on the policy challenges and budgetary resources for a sustainable European Union after 2013 (2010-06-17--2011-06-30)3 unknown; Bloco de Esquerda (2009-07-14--2012-04-24)3 member; BUDG (2009-07-16--2012-01-18)3 member; Delegation for relations with Iraq (2009-09-16--2012-04-24)3
lpv:translated text	"Mr President, in politics, there are reasonable measures, mistaken measures and improper measures. It is reasonable for Europe to issue European public debt, although Mrs Merkel does not approve. It is reasonable for us in Europe to be able to mutualise part of our sovereign debt, although Mrs Merkel does not approve. However, what is improper is the news that has become public that the European Stability Mechanism and the International Monetary Fund could end up mutualising part of the sovereign debt accumulated by private banks at 6% or 7% interest, in Portugal’s case, after the same banks have financed themselves at 1% interest with the European Central Bank. Mr Van Rompuy, my question is as follows: how long is Europe going to be expected to be the miracle worker of financial capital? How much longer are we going to go on transforming private debt into public debt? How much longer are we going to force European taxpayers, workers and pensioners to pay debts that have been generated by the private bank sector which is attacking us? This is the real issue at stake here today."@en1
lpv:videoURI	<go to Events_and_structure europarl>2

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