Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-10-23-Speech-2-437-000"
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"en.20121023.45.2-437-000"2
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"Madam President, this is a very important report, but I regret to say that I abstained in the final vote on it, for two very good reasons.
The first is that 72 % of the world’s poor live in the middle-income countries and the Commission is proposing to reduce, and then eliminate altogether, the support that we give to middle-income countries for poverty alleviation. If we do that, our entire poverty elimination programme is just going to be a farce, and will be of no use to the European Union at all.
Secondly, we sadly endorsed in the report the Financial Transaction Tax. I think this is a hugely damaging move. It will drive people in the financial services sector away from Europe – particularly from the great City of London, where financial services are the prime revenue earner – to other places, like Dubai, Hong Kong and New York, where there is no Financial Transaction Tax. Should a tax like this be introduced, it should be global. There is no effort at all to introduce it at a global level, so I think it is a very bad move."@en1
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The resource appears as object in 2 triples