Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-06-06-Speech-1-203-000"

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"en.20110606.21.1-203-000"2
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"Mr President, experience has clearly shown that credit rating agencies are not credible and that their activities continue to be detrimental to certain countries, whether to their economies or to their sovereign debt. Today, this is particularly affecting countries that have relatively weak economies. That is why the intervention of credit rating agencies, which continue to be extremely harmful despite having lost all of their credibility, must be properly controlled. This control should not be limited to transparency rules, but should go further and exert complete control over the international financial system, while also putting an end to tax havens, properly regulating the financial sector with taxes on the movement of speculative capital, and preventing financial capital from continuing to ..."@en1
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