Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-02-13-Speech-1-117-000"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2012-02-13"^^xsd:date2
dcterms:Is Part Of	lp_eu:Technical requirements for credit transfers and direct debits in euros (debate)2
dcterms:Language	"ro"^^xsd:language2
lpv:document identification number	"en.20120213.17.1-117-000"2
lpv:hasSubsequent	lp_eu:2012-02-13-Speech-1-118-0002
lpv:speaker	lp:George Sabin Cutaș2
lpv:spokenAs	member; ECON (2012-01-19--2014-06-30)3,3 member; Delegation for relations with the Korean Peninsula (2009-09-16--2014-06-30)3,3 substitute; INTA (2012-01-19--2012-11-20)3,3 substitute; Delegation to the Cariforum — EU Parliamentary Committee (2010-09-07--2014-06-30)3,3 substitute; Delegation for relations with Iran (2009-09-16--2014-06-30)3,3 member; S&D (2009-07-14--2014-06-30)3,3 unknown; Partidul Social Democrat + Partidul Conservator (2009-07-14--2014-02-25)3,3
lpv:translated text	"Madam President, I support the proposal for creating an internal market for payment services in euros, as it is bound, in practical terms, to facilitate considerably the system made available to European consumers who will be able to use a single method of payment and single type of account for transferring money within the European Union. This initiative will make cross-border payment transactions more efficient, unifying a fragmented European market and yielding economic benefits. As you are aware and has been mentioned, the European Commission estimates that reducing costs means that these benefits could amount to billions of euros in six years. I also welcome deadlines being set for migrating from the current national systems to a common system so that the transition process is not prolonged unnecessarily. I noticed how the initial strategy adopted by the European executive for transferring credit, according to which the transition was meant to be carried out by the private sector at a flexible pace, did not produce the anticipated results. Based on the figures I have available, in February 2011, two and a half years after the initiative was launched, only 15.7% of the total amount of credit transferred from the euro area was transacted using the European payments system. Last but not least, I believe that consumers must be afforded protection throughout the whole process of migrating to the new system. This is why, Commissioner, I suggest that you produce information campaigns to which the banking sector is obliged to make an active, practical contribution."@en1
lpv:videoURI	<go to Events_and_structure europarl>2

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