Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-10-26-Speech-5-193-000"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2012-10-26"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"de"^^xsd:language2
lpv:document identification number	"en.20121026.23.5-193-000"2
lpv:hasSubsequent	lp_eu:2012-10-26-Speech-5-194-0002
lpv:speaker	lp:Ewald Stadler2
lpv:spokenAs	member; Delegation for relations with Iran (2012-04-17--2014-06-30)3 unknown; Bündnis Zukunft Österreich (2011-12-07--2014-01-14)3 member; REGI (2012-01-19--2012-12-09)3 substitute; Delegation to the EU-Armenia, EU-Azerbaijan and EU-Georgia Parliamentary Cooperation Committees (2012-04-12--2014-06-30)3 member; NA (2011-12-07--2014-06-30)3 substitute; ENVI (2012-01-19--2014-06-30)3
lpv:translated text	"Mr President, this report aims to reintroduce a greater degree of regulation to the financial markets. We have discovered in recent years that deregulation and liberalisation lead to crises, to a rampant increase in national debt that we are now forced to tackle, with a great deal of effort and a great deal of money. Liberalisation as a dogma has not proved a success. The financial institutions began to plunder entire countries, driving them into a debt trap. That is ultimately one of the principal causes of the problems we are now facing. I would like at this point just to mention Goldman Sachs, a financial institution that has, for instance, unleashed disaster in Greece, with which the entire European Union is currently grappling. It is high time for us to ensure that the financial economy is again bound by clear regulations. It is high time for us to reintroduce rules; it has been proven here that it was wrong to liberalise too early and too much."@en1
lpv:videoURI	<go to Events_and_structure europarl>2

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