Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-03-08-Speech-2-304-750"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2011-03-08"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"lt"^^xsd:language2
lpv:document identification number	"en.20110308.22.2-304-750"2
lpv:hasSubsequent	lp_eu:2011-03-08-Speech-2-305-0002
lpv:speaker	lp:Rolandas Paksas2
lpv:spokenAs	vice-chair_member_of_the_bureau; EFD (2010-02-16--2012-01-26)3 member; Delegation for relations with the People's Republic of China (2009-09-16--2014-06-30)3 member; PETI (2009-07-16--2012-01-18)3 member; Special Committee on the Financial, Economic and Social Crisis (2009-10-08--2011-07-31)3 unknown; Partija Tvarka ir teisingumas (2009-07-14--2014-06-30)3 member; Delegation to the EU-Kazakhstan, EU-Kyrgyzstan and EU-Uzbekistan Parliamentary Cooperation Committees, and for relations with Tajikistan, Turkmenistan and Mongolia (2009-09-16--2014-06-30)3 member; ECON (2009-07-16--2012-01-18)3 substitute; ITRE (2009-07-16--2012-01-18)3
lpv:translated text	"( I voted in favour of this resolution on innovative financing at global and European level. Europe, with the world’s largest financial market, is gradually trying to get back on its feet following the crisis, the effects of which will be felt for many years to come. Consequently, it is crucial to establish innovative financing measures which would ensure financial stability and transparency. Currently, the majority of financial services are exempt from VAT. Therefore, significant revenue is being lost through the financial sector and the tax burden is increasing for working people. I believe that the tax on financial transactions is an effective financing measure that would help reduce speculation and public deficits. Having properly assessed its possible negative impact on the EU’s global competitiveness, we must make every effort to ensure that it is also applied at global level. Furthermore, in order to increase the GDP of all countries, it would be advisable to establish a tax on bank assets which would be proportionate to the systemic significance of the credit institution concerned and to the level of risk involved in an activity. I agree with the proposal on issuing European project bonds which, as a common debt management instrument, will help to attract increased investment in European infrastructure projects. Furthermore, in order to obtain maximum benefit from the application of the carbon tax, it is necessary to set the minimum mandatory requirements for all Member States, preventing overwhelming burdens from being shifted to low income consumers."@en1
lpv:unclassifiedMetadata	"LT)"1 "Rolandas Paksas (EFD ),"1 "in writing."1

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