Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-09-12-Speech-3-514-000"
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"en.20120912.27.3-514-000"2
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".
Mr President, I would like to start by thanking the rapporteurs, Ms Auconie and Mr Lamberts, for the valuable collaboration we have enjoyed over the past few months. We, as the S&D Group, can support what is currently on the table: it is a good compromise.
This morning, we heard from Mr Barroso in his State of the Union address that we need to do everything we can to foster economic growth. Of course, we fully support this move. Investing in innovative companies with venture capital and social economy projects through social investment funds can make a difference. Developing such passports constitutes a modest, yet effective contribution towards that goal. After all, it will provide a framework that can give investors confidence and it can contribute – and you have mentioned this yourself, Commissioner – to making greater use of the available savings in the real economy. This will lead to investment in young innovative enterprises and the social economy.
The text that we will be voting on is a step forward on various points. There will be a passport for the funds in question and better protection for investors. It is a balanced package that came about after a series of difficult negotiations with the Council. We were therefore very surprised and disappointed that the agreement reached, which had even been officially communicated by the previous Danish Presidency, could not be finalised by the Cyprus Presidency within the time given. As a result, a number of countries had time to organise opposition and politicians blocked the agreement. These circumstances mean that although we will be able to vote on the agreement reached tomorrow, we will not be able to have a final vote at this stage.
I want the Commissioner to know that we appreciate that the Commission is coming up with proposals to push forward a compromise, but, to be honest, I think the ball is now in the Council’s court. Quite honestly, we have a deal that we have finalised and accepted and we are willing to approve it. I think that the Council should be consistent on this matter. After all, the crisis is more prominent than ever and goes far beyond these two proposals.
My question is: do we, as the European Union, think it is normal to be working with a definition of tax havens that is riddled with holes? Will the fight against tax fraud at European level remain merely a verbal battle or are we actually going to tackle it effectively? We as Parliament need to stick to our guns on that point."@en1
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