Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-05-23-Speech-3-060-000"
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"en.20120523.3.3-060-000"2
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"Mr President, from an ethical and moral standpoint, a measure that hits those who use financial speculation to get rich is certainly right and proper. The income generated should be used to help families and businesses, that is, the real economy, which has been severely affected by a crisis caused, first and foremost, by the world of finance.
Nevertheless, for it to be truly effective, this tax must be applied at a global level, because otherwise, it would not be difficult to circumvent and would create potential competitive disadvantages for European markets. An even worse scenario would be if European countries were to apply it in a disorganised manner, with no common agreement. The United Kingdom has already made its intentions clear.
Doing things haphazardly therefore, could become an own goal for Europe: something to avoid at all costs. We must therefore either reach a unanimous consensus, or this measure will become virtually useless, with most of its potential benefits disappearing."@en1
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