Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-05-23-Speech-3-282-000"

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	"fr"^^xsd:language2
lpv:document identification number	"en.20120523.15.3-282-000"2
lpv:hasSubsequent	lp_eu:2012-05-23-Speech-3-282-5002
lpv:speaker	lp:Françoise Grossetête2
lpv:spokenAs	member; ENVI (2012-01-19--2014-06-30)3 member; EPP (2009-07-14--2014-06-30)3 substitute; Delegation for relations with Australia and New Zealand (2009-09-16--2014-06-30)3 substitute; ITRE (2012-01-19--2014-06-30)3 member; Delegation for relations with the countries of Central America (2009-09-16--2014-06-30)3 member; Delegation to the Euro-Latin American Parliamentary Assembly (2009-09-16--2014-06-30)3 unknown; Union pour un Mouvement Populaire (2009-07-14--2014-06-30)3
lpv:translated text	"I voted in favour of this report because a financial transaction tax is essential for the establishment of a new political order that is fairer and more balanced. The citizens of Europe should not have to pay the price of the abuses of the financial sector. Its practices have led to our predicament and so it is only right that it should help to get us out of it. The tax will dissuade financial institutions from taking excessive risks and, moreover, it will be a new source of income for the European Union. I think that both these elements are needed to support the real economy. It was important to set a rate low enough to safeguard harmonisation within the European Union. Furthermore, the rate will make fraud unprofitable and the sanction mechanisms provided for will make it very risky. This first step notwithstanding, the financial sector will only really be made to face up to its responsibilities when this measure is adopted worldwide. Until there is global consensus, it is vital that the European Union sets a good example by elevating to an international level the proposal courageously put forward by Nicolas Sarkozy."@en1

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