Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-07-04-Speech-3-075-000"

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"I am sure you agree with me that it is extremely important that the Commission gives clear statements to this House. So just on the comments that President Barroso made yesterday about the GBP 64 billion of British taxpayers’ money paid by the Socialist government at the time into British banks, may I remind you that GBP 30 billion of that – i.e. nearly half of it – went on bailing out Irish and Dutch banks – money from the British taxpayer – and that the UK actually intends to implement the global agreements on bank reform, but the Commission’s proposals dumb those down, especially for French and German banks. Furthermore, the UK plans even stronger protection for taxpayers, splitting retail and investment banks, but the Commission’s proposals would make that almost impossible. Does he agree with me that we need to make strong bank reform a priority of the upcoming Presidency?"@en1
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