Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-05-23-Speech-3-309-500"
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"en.20120523.15.3-309-500"2
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"I voted for the legislative resolution on the proposal for a directive on a common system of financial transaction tax (FTT) and amending Directive 2008/7/EC. In order to prevent distortions that may be caused by measures adopted unilaterally by Member States, bearing in mind the extremely high mobility of most of the relevant financial transactions, and to ensure the proper functioning of the internal market, it is important that the basic features of the FTT applied in Member States are harmonised and that this directive is implemented at EU level.
This directive does not address the management of revenue from the FTT. I think that part of the revenue from the FTT could be managed at EU level, either as a part of EU own resources or directly linked to specific EU policies and public goods. The use of part of the revenue from the FTT as EU own resources would reduce national contributions to the EU budget and would therefore release funds from the national budgets for other uses.
I voted against Amendment 15, which exempts from the application of the directive investment managers of pension funds or institutions for providing occupational pensions, as well as entities set up for the purpose of making investments for such funds or institutions."@en1
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