Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-03-29-Speech-4-056-000"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2012-03-29"^^xsd:date2
dcterms:Is Part Of	lp_eu:European Investment Bank - annual report 2010 (debate)2
dcterms:Language	"en"^^xsd:language2
lpv:document identification number	"en.20120329.4.4-056-000"2
lpv:hasSubsequent	lp_eu:2012-03-29-Speech-4-057-0002
lpv:speaker	lp:Syed Kamall2
lpv:spoken text	"Mr President, I would also like to welcome Mr Hoyer to the Parliament today and to congratulate him on his position. I would like to speak as the rapporteur on the opinion from the Economic and Monetary Affairs Committee. Cooperation in the committee was actually very good, as there was agreement on a number of principles. One was the principle of transparency and accountability, and not only to Member States – and I would like to see Member States take a more active role in ensuring accountability, particularly when, in theory, there is an unlimited call on capital for Member States which we have to be aware of during difficult times – but also to report regularly to the European Parliament. I know there has been a precedent set in the past. We also want to make sure that the best prudential banking practices are in place, because – let us not forget – it is European citizens who provide the money via their taxes. It is also important to have as much information as possible in the public domain so that citizens can make their choices. Of course, there are competing demands on the EIB. Like many banks, we are asking you to rebuild balance sheets, to have a strong balance sheet and to be able to be stress tested and to meet all the requirements. But, at the same time, we are also asking you to lend more money. I understand that balancing those two requirements is always a very difficult thing. But, given the lessons of the crisis, given the problems, and given the fact that the EIB relies on the ratings from the Member States, please make sure that you ensure that you have a strong balance sheet and actually are able to cope with the unexpected."@en1
lpv:spokenAs	substitute; INTA (2012-01-19--2014-06-30)3 member; PECH (2009-07-14--2013-11-18)3 member; ECON (2012-01-19--2014-06-30)3 substitute; Delegation for relations with the Maghreb countries and the Arab Maghreb Union (2009-09-16--2014-06-30)3 unknown; Conservative Party (2009-07-14--2014-06-30)3 substitute; Delegation to the Parliamentary Assembly of the Union for the Mediterranean (2009-09-16--2014-06-30)3
lpv:unclassifiedMetadata	"Syed Kamall,"1 "rapporteur for the opinion of the Committee on Economic and Monetary Affairs."1
lpv:videoURI	<go to Events_and_structure europarl>2

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