Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-05-23-Speech-3-299-250"

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	"et"^^xsd:language2
lpv:document identification number	"en.20120523.15.3-299-250"2
lpv:hasSubsequent	lp_eu:2012-05-23-Speech-3-299-5002
lpv:speaker	lp:Siiri Oviir2
lpv:spokenAs	member; Delegation to the Euronest Parliamentary Assembly (2009-09-16--2014-06-30)3 member; FEMM (2012-01-19--2014-06-30)3 member; EMPL (2012-01-19--2014-06-30)3 substitute; Delegation to the EU-Armenia, EU-Azerbaijan and EU-Georgia Parliamentary Cooperation Committees (2009-09-16--2014-06-30)3 unknown; Eesti Keskerakond (2009-07-14--2012-05-24)3 member_of_the_bureau; ALDE (2009-07-20--2014-06-30)3 vice-chair; Delegation to the EU-Ukraine Parliamentary Cooperation Committee (2009-09-29--2014-06-30)3 substitute; LIBE (2012-01-19--2014-06-30)3
lpv:translated text	"I consider the introduction of a common European financial transaction tax to be extremely important in the search for additional funds to revive the economy and guarantee the sustainability of the European Union. The introduction of this tax is completely fair and necessary when we consider that the financial sector, which was one of the main causes of the financial crisis, has obtained significant state support in order to overcome the impact of the crisis, but has not contributed sufficiently to this itself. As a liberal, I believe it is important that equal rules should apply to all in a free market economy. The present tax exemption for financial transactions is not fair when we consider that we need to pay for various other services. In order to overcome the financial crisis, the European Union needs extensive financing in order to implement and finance the agreed economic programmes concretely, and the introduction of such a tax is one fair way of achieving that. The fear that introducing such a tax would frighten the banking sector away from Europe is unjustified, as is proven by the experiences of a number of different countries, notably Brazil, one of the largest countries in the world, where banks have remained loyal to their customers. Although I support the creation of a common system of financial transaction tax, I did not support the adoption of the report in question, since our group’s Amendment 42, which specifies that a single system would be in effect at least in the entire euro area and in Member States that wish to join it, did not receive sufficient backing."@en1

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