Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-03-07-Speech-1-078-500"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2011-03-07"^^xsd:date2
dcterms:Is Part Of	lp_eu:Innovative financing at a global and European level (debate)2
dcterms:Language	"hu"^^xsd:language2
lpv:document identification number	"en.20110307.17.1-078-500"2
lpv:hasSubsequent	lp_eu:2011-03-07-Speech-1-078-6252
lpv:speaker	lp:Kinga Göncz2
lpv:spokenAs	member; S&D (2009-07-14--2014-06-30)3 substitute; PETI (2009-07-16--2012-01-18)3 unknown; Magyar Szocialista Párt (2009-07-14--2014-06-30)3 member; Delegation for relations with Albania, Bosnia and Herzegovina, Serbia, Montenegro and Kosovo (2009-09-16--2014-06-30)3 substitute; Special Committee on the Financial, Economic and Social Crisis (2009-10-08--2011-07-31)3 substitute; EMPL (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 vice-chair; LIBE (2009-07-16--2012-01-18)3 substitute; Delegation for relations with the countries of Southeast Asia and the Association of Southeast Asian Nations (ASEAN) (2009-09-16--2014-06-30)3
lpv:translated text	"In times of tight financial circumstances, we would be hard pressed to find any more obvious resources to fulfil joint European objectives than taxes imposed on financial transactions on an international or European level, the Eurobond, the EU project bond, and other innovative financial instruments. If we are serious about our resolutions and the objectives established in the EU 2020 strategy, then we must support the new financing instruments that allow us to achieve them. Fresh resources are necessary to develop energy and transportation networks, to fight climate change, and to finance steps aimed at achieving social inclusion. These resources should not put additional burdens on taxpayers who are already suffering the consequences of austerity measures. According to the opinion of financial experts, a financial transaction tax that reduces the level of financial speculation and excessive risk taking on the part of financial institutions – long advocated by the Group of the Progressive Alliance of Socialists and Democrats in the European Parliament – can be introduced on a European level without driving out the financial sector from Europe. On an annual level, the 0.05% transaction tax would contribute EUR 200 billion to the budget. Additionally, other innovative financing measures, such as the issuing of Eurobonds, could also contribute to increasing budget revenues."@en1

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