Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-10-27-Speech-4-081-000"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2011-10-27"^^xsd:date2
dcterms:Is Part Of	lp_eu:Conclusions of the European Council meeting (23 October 2011) (debate)2
dcterms:Language	"en"^^xsd:language2
lpv:document identification number	"en.20111027.6.4-081-000"2
lpv:hasSubsequent	lp_eu:2011-10-27-Speech-4-082-0002
lpv:speaker	lp:Sharon Bowles2
lpv:spoken text	"Mr President, as ever we await details. Concerning the EFSF, the credit enhancement option has similarity to mortgage and US department guarantees, whilst the SPV option has similarities with known structured products. However, neither has been tested on the markets on this scale and so there will be challenges to meet in deployment. The SPV funds need to be found at a reasonable cost, and then we will have a window to get the growth package working and sort out the debt overhang, or we will find ourselves facing similar problems again. Bank recapitalisation and – still missing – crisis resolution are overdue, in part because of political weakness and previous denials of the situation. In consequence, taxpayers will now bear more of the cost. Finally, overall, we still have to find a solution for the fact that growth was built on debt for too long. The solution is not more of the same."@en1
lpv:spokenAs	member_of_the_bureau; ALDE (2009-07-20--2014-06-30)3 member; Conference of Committee Chairs (2009-07-16--2012-01-18)3 chair; ECON (2009-07-16--2012-01-18)3 substitute; Delegation for relations with the United States (2009-09-16--2014-06-30)3 unknown; Liberal Democrats Party (2009-07-14--2014-06-30)3 substitute; JURI (2009-07-16--2012-01-18)3
lpv:unclassifiedMetadata	"Sharon Bowles (ALDE ). -"1
lpv:videoURI	<go to Events_and_structure europarl>2

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The resource appears as object in 2 triples

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