Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-03-08-Speech-2-286-000"

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"en.20110308.22.2-286-000"2
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"I support, with some reservations, the Podimata report on innovative financing. I share the rapporteur’s concern about the economic and financial crisis that we are going through, and the consequent lack of investment. I also agree that it is desirable for investment to translate into greater progress and innovation, and that there is a need for Europe to increase its capacity for intelligent investment. However, I fear that, overall, the report seems overly inclined towards increased taxes, when in several countries (such as Portugal), we are already experiencing an overdose of fiscal burdens. In its final version, the report calls for the introduction of a financial transaction tax (at a global, or at least European, level), while admitting that the consequences of this need to be studied (positing an study for this). I applaud the defence of the launch of Eurobonds, which would facilitate access to the market for the more fragile euro area countries, and the opinion that this would be beneficial ‘to all participating Member States and to the euro area as a whole’."@en1

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