Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-10-24-Speech-1-158-000"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2011-10-24"^^xsd:date2
dcterms:Is Part Of	lp_eu:One-minute speeches on matters of political importance2
lpv:document identification number	"en.20111024.16.1-158-000"2
lpv:hasSubsequent	lp_eu:2011-10-24-Speech-1-160-0002
lpv:speaker	lp:Pat the Cope Gallagher2
lpv:spokenAs	member; PECH (2009-07-16--2012-01-18)3 member; Conference of Delegation Chairs (2009-09-17--2014-06-30)3 member_of_the_bureau; ALDE (2009-07-20--2014-06-30)3 unknown; Fianna Fáil Party (2009-07-14--2014-06-30)3 chair; Delegation for relations with Switzerland and Norway and to the EU-Iceland Joint Parliamentary Committee and the European Economic Area (EEA) Joint Parliamentary Committee (2009-09-17--2014-06-30)3 substitute; REGI (2009-07-16--2012-01-18)3
lpv:translated text	"Mr President, thank you for giving me the opportunity to speak about the financial difficulties that we are facing at the moment in Europe. Yesterday’s European Council meeting in Brussels, which is to resume on Wednesday, is a watershed moment for the Union and, indeed, the single currency. EU leaders must agree to a comprehensive settlement so as to resolve the crisis in Greece and to prevent contagion across the eurozone. Last week, in Ireland, the troika composed of the Commission, the European Central Bank and the International Monetary Fund met with the Irish Government and, indeed, spokespersons from my own party, as part of the review process agreed under the programme. They concluded that the programme is on track and that Ireland is making substantial progress. Ireland’s debt sustainability is finely balanced and very much dependent on economic recovery. The summit conclusions on Wednesday are expected to include a substantial write-down of Greek sovereign debt, possibly to 60%. As a result, I believe that the Irish Government must seriously question the ECB’s insistence that the Irish State repay EUR 3.5 billion of unguaranteed loans in Anglo Irish Bank and Irish Nationwide. Finally, large European banks ..."@en1
lpv:unclassifiedMetadata	"(The President cut off the speaker)"1

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