Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-07-05-Speech-2-422-250"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2011-07-05"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"fr"^^xsd:language2
lpv:document identification number	"en.20110705.34.2-422-250"2
lpv:hasSubsequent	lp_eu:2011-07-05-Speech-2-422-5002
lpv:speaker	lp:Jean-Luc Bennahmias2
lpv:spokenAs	substitute; REGI (2009-07-16--2012-01-18)3 unknown; Mouvement Démocrate (2009-07-14--2014-06-30)3 substitute; Delegation for relations with the United States (2009-09-16--2014-06-30)3 member; ALDE (2009-07-14--2014-06-30)3 member; Delegation for relations with Australia and New Zealand (2009-09-16--2012-02-12)3 member; EMPL (2009-07-16--2012-01-18)3
lpv:translated text	"In 2008, we were on the brink of economic disaster. The financial sector almost led the real economy to the edge of the abyss. After several months of serious depression, and as we have still not emerged from this crisis, it is extremely vital to guard ourselves against the most dangerous practices and the most economically harmful types of speculative behaviour. Clearly, credit default swaps (CDSs) belong to this group. Germany managed to respond rapidly because, several months ago already, it quite simply banned this practice, which involves taking positions purely on the basis of speculation. It is therefore essential to establish clear European rules."@en1

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