Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-05-23-Speech-3-274-250"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2012-05-23"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"ro"^^xsd:language2
lpv:document identification number	"en.20120523.15.3-274-250"2
lpv:hasSubsequent	lp_eu:2012-05-23-Speech-3-274-5002
lpv:speaker	lp:George Sabin Cutaș2
lpv:spokenAs	member; ECON (2012-01-19--2014-06-30)3 member; Delegation for relations with the Korean Peninsula (2009-09-16--2014-06-30)3 substitute; INTA (2012-01-19--2012-11-20)3 substitute; Delegation to the Cariforum — EU Parliamentary Committee (2010-09-07--2014-06-30)3 substitute; Delegation for relations with Iran (2009-09-16--2014-06-30)3 member; S&D (2009-07-14--2014-06-30)3 unknown; Partidul Social Democrat + Partidul Conservator (2009-07-14--2014-02-25)3
lpv:translated text	"I voted for the report on the financial transaction tax because I think that this initiative is particularly important against the background of the financial crisis the European Union is going through. Introducing the tax proposed by the US economist, James Tobin, will restore stability to the financial sector and guide it towards long-term funding of the real economy, thereby reducing the incidence of speculative activities. The tax would also enable the financial sector to make a contribution to the cost of a crisis which it helped trigger and spread. I do not share the concerns which certain governments have expressed about the alleged adverse impact that the tax would have on companies’ activities. The European Union is too important a market for the financial sector to be able to afford to scale down its activities in it significantly. I would also like to emphasise that, if the sums generated by this tax were administered at European Union level, they could be used to fund European policies and public goods."@en1

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