Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-06-08-Speech-3-294-500"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2011-06-08"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"fr"^^xsd:language2
lpv:document identification number	"en.20110608.20.3-294-500"2
lpv:hasSubsequent	lp_eu:2011-06-08-Speech-3-295-0002
lpv:speaker	lp:Marielle de Sarnez2
lpv:spokenAs	member; INTA (2009-07-16--2012-01-18)3 substitute; Delegation to the Euro-Latin American Parliamentary Assembly (2009-09-16--2014-06-30)3 vice-chair; ALDE (2009-07-14--2014-06-30)3 substitute; AFET (2009-07-16--2012-01-18)3 unknown; Mouvement Démocrate (2009-07-14--2014-06-30)3 member; Delegation to the ACP-EU Joint Parliamentary Assembly (2009-09-16--2014-06-30)3 substitute; Delegation for relations with the countries of the Andean Community (2009-09-16--2014-06-30)3
lpv:translated text	"One after the other, credit rating agencies are downgrading the credit ratings of those European countries affected most by the crisis or placing them on ‘negative alert’. I am talking about Portugal, Ireland, Greece and Spain. Although the agencies may not have triggered the global financial crisis, such actions on their part have, nonetheless, exacerbated it. In fact, they encourage speculation, jeopardising the chances of success of the already draconian recovery plans imposed on their people. That is why the creation of a European credit rating agency is urgent, adopting the legal status of an independent foundation. There must also be an end to the conflicts of interest inherent in credit rating agencies, which are currently able to issue ratings whilst acting as consultants. This is a change that should go hand in hand with the Commission’s assessment of the need for greater disclosure of information for all products in the field of financial instruments."@en1

Named graphs describing this resource:

The resource appears as object in 2 triples

Context graph