Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-12-15-Speech-4-227-005"

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"en.20111215.23.4-227-005"2
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"I voted for the Annual Report on EU Competition Policy because I felt that tighter regulations are needed in this area, especially at this time of crisis. Competition must be encouraged, particularly in the energy, credit rating agency and banking sectors. The issue of the banks regarded as being ‘too big to fail’, which have received State aid during the crisis, needs to be resolved. I find it surprising that these institutions are eligible to have access to unlimited liquidity. However, the European Central Bank constantly expresses its reluctance to become the creditor of last resort for Member States."@en1

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