Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-02-02-Speech-4-308-328"
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"en.20120202.31.4-308-328"2
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"We chose to vote in favour of the resolution, despite the passage in paragraph 6 concerning the introduction of a financial transaction tax in Europe. We do not think it is a good idea for Europe to introduce this tax itself without the United States and other financial centres doing the same. We consider there to be a big risk that the stabilising effects that we hope a financial transaction tax will have on the financial market will not be realised if the EU introduces such a tax independently. The risk of trade in shares, bonds and options transferring instead to less transparent and less open markets outside Europe is great. The proposal to introduce a European financial transaction tax is far too risky."@en1
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