Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-12-11-Speech-2-560-000"
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"en.20121211.32.2-560-000"2
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"Mr President, it is received wisdom here that all the economic problems in the European Union, and in particular the shambles of the euro zone, are all caused by the Anglo-Saxon capital markets and therefore they must be attacked. That is what the financial transaction tax is really all about. And it says two things to me.
Firstly, this unilateral approach on financial transaction tax, on global warming policy, on all of these things, is rendering Europe the low-growth economic disaster zone of the world. This is a self-inflicted wound. These countries that are doing it are damaging their ability to do this business.
Secondly, even though the British Government sensibly are not going along with this, the very fact that this was proposed and that over two thirds of the tax would have been raised from the City of London, tells me we should not be in this club at all. It was put in place to damage financial markets and in particular to damage Britain. It is a bad idea for us and it is a bad idea for you too."@en1
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The resource appears as object in 2 triples