Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-12-15-Speech-4-108-000"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2011-12-15"^^xsd:date2
dcterms:Is Part Of	lp_eu:EU competition policy (debate)2
dcterms:Language	"ro"^^xsd:language2
lpv:document identification number	"en.20111215.5.4-108-000"2
lpv:hasSubsequent	lp_eu:2011-12-15-Speech-4-109-0002
lpv:speaker	lp:Petru Constantin Luhan2
lpv:spokenAs	member; Delegation for relations with Switzerland and Norway and to the EU-Iceland Joint Parliamentary Committee and the European Economic Area (EEA) Joint Parliamentary Committee (2009-09-16--2014-06-30)3,3 substitute; LIBE (2009-07-16--2012-01-18)3,3 member; EPP (2009-07-14--2014-06-30)3,3 substitute; SEDE (2009-07-16--2012-01-18)3,3 unknown; Partidul Democrat-Liberal (2009-07-14--2014-06-30)3,3 member; REGI (2009-07-16--2012-01-18)3,3 substitute; Delegation for relations with Australia and New Zealand (2009-09-16--2011-12-19)3,3
lpv:translated text	"Madam President, I too wish to congratulate the rapporteur. Mr Schwab has put in a huge amount of effort and drafted an exceptional report. I would like to highlight the point about restructuring the banks, which has been one of the main challenges that the European Union has faced in the area of competition. To avoid distorting competition, I think that the banks should be geared towards using private capital resources, including through restructuring and converting debts into their own capital instruments. Only if it is absolutely necessary and there is no other option, should national governments be allowed to intervene. If this does happen, national inspectors must ensure that the recapitalisation plans do not lead to excessive deleveraging. We must be extremely vigilant and do our utmost to keep the distortion of competition to a minimum in the internal market. We must strike a balance between granting aid to financial institutions and respecting competition."@en1
lpv:videoURI	<go to Events_and_structure europarl>2

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