Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-06-08-Speech-3-304-500"

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	"it"^^xsd:language2
lpv:document identification number	"en.20110608.20.3-304-500"2
lpv:hasSubsequent	lp_eu:2011-06-08-Speech-3-304-6252
lpv:speaker	lp:Alfredo Pallone2
lpv:spokenAs	member; Delegation to the Parliamentary Assembly of the Union for the Mediterranean (2009-09-16--2014-06-30)3 member; ECON (2009-07-16--2012-01-18)3 substitute; Delegation for relations with Canada (2009-09-16--2014-06-30)3 member; Special Committee on the Financial, Economic and Social Crisis (2009-10-08--2011-07-31)3 member; EPP (2009-11-25--2014-06-30)3 member; Delegation for relations with the Maghreb countries and the Arab Maghreb Union (2009-09-16--2014-06-30)3 substitute; LIBE (2009-07-16--2012-01-18)3 unknown; Il Popolo della Libertà (2009-07-14--2013-12-16)3
lpv:translated text	"The work done by credit rating agencies (CRAs) is important since it ensures reliability and stability. Hence, we need to establish rules and standards governing their ratings and their impartiality. I voted in favour of the report by Mr Klinz because I think it is essential for the European Union to have adequate rules to manage the impact of ratings on the overall financial and economic system. Notwithstanding the legal vacuum in this area and the possibility for these agencies to affect Member States’ economies – even to the extent of plunging them into crises – this report does appear to be the first step towards new rules for rating agencies given the Commission’s recent adoption of the new regulation on CRAs."@en1

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