Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-05-10-Speech-2-731-000"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2011-05-10"^^xsd:date2
dcterms:Is Part Of	lp_eu:Stress tests of the EU banking sector (debate)2
dcterms:Language	"ro"^^xsd:language2
lpv:document identification number	"en.20110510.68.2-731-000"2
lpv:hasSubsequent	lp_eu:2011-05-10-Speech-2-732-0002
lpv:speaker	lp:Theodor Dumitru Stolojan2
lpv:spokenAs	unknown; Partidul Democrat-Liberal (2009-07-14--2014-06-30)3 substitute; Delegation to the EU-Moldova Parliamentary Cooperation Committee (2009-09-16--2011-10-25)3 substitute; BUDG (2009-07-16--2012-01-18)3 member; Delegation to the EU-Turkey Joint Parliamentary Committee (2009-09-16--2011-10-25)3 substitute; Special committee on the policy challenges and budgetary resources for a sustainable European Union after 2013 (2010-06-17--2011-06-30)3 member; Special Committee on the Financial, Economic and Social Crisis (2009-10-08--2011-07-31)3 substitute; Delegation to the Euronest Parliamentary Assembly (2009-09-16--2014-06-30)3 member_of_the_bureau; EPP (2009-07-14--2014-06-30)3 vice-chair; ECON (2009-07-16--2012-01-18)3
lpv:translated text	". Mr President, the stress tests are important for assessing the health of the banking system. However, two conditions are absolutely essential. Firstly, the quality of these tests and the accuracy of the actual assessment process. I would like to mention that the banks have had different business models in different countries. In Romania, as in other countries, the banks were not involved in transactions dealing with toxic assets. On the other hand, however, they carried out expansionist lending based on external resources assigned in the short term and providing funding in the long term. However, the results were the same: losses, particular vulnerability generated in the relevant countries and, obviously, a lack of responsibility for risk management. The second condition is the transparency of the test results which we will apply in the banking systems. This transparency is demanded by both financial markets and citizens."@en1
lpv:videoURI	<go to Events_and_structure europarl>2

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