Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-12-13-Speech-4-134-000"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2012-12-13"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"en"^^xsd:language2
lpv:document identification number	"en.20121213.22.4-134-000"2
lpv:hasSubsequent	lp_eu:2012-12-13-Speech-4-135-0002
lpv:speaker	lp:Charles Tannock2
lpv:spoken text	"Mr President, eleven EU countries are in favour of establishing the financial transaction tax through enhanced cooperation. This is a foolish proposal. It is not stamp duty; it is a deeply flawed tax on half a million jobs. It might just work if it were global, but even that is not certain. The Commission has said yes to enhanced cooperation. We must be sceptical about the use of enhanced cooperation in this area, not least because the decision bypasses the required unanimity in the Council on matters of taxation. I represent the City of London: paradoxically, we might actually benefit from this, as business comes our way. Our UK Chancellor and Finance Minister, George Osborne, has said that the Commission itself believes the FTT would have a serious impact on European growth, hit the British economy as well, and could reduce EU GDP by up to 3.5%. The Commission now thinks that it will actually only be about 1.76%, but that percentage difference is going to cost half a million jobs across the European Union. Can the European Union really afford to alienate people further at a time of austerity and shoot itself in the foot?"@en1
lpv:spokenAs	substitute; Delegation to the EU-Ukraine Parliamentary Cooperation Committee (2009-09-16--2014-06-30)3 member; DROI (2012-01-19--2014-06-30)3 vice-chair; Delegation for relations with the NATO Parliamentary Assembly (2009-09-29--2014-06-30)3 member; AFET (2012-01-19--2014-06-30)3 substitute; Delegation to the Euronest Parliamentary Assembly (2009-09-16--2014-06-30)3 member; PECH (2009-07-14--2014-06-30)3 member; Delegation to the Euro-Latin American Parliamentary Assembly (2012-03-28--2014-06-30)3 substitute; SEDE (2012-01-19--2014-06-30)3 unknown; Conservative Party (2009-07-14--2014-06-30)3 member; Delegation to the EU-Chile Joint Parliamentary Committee (2012-03-28--2014-06-30)3
lpv:unclassifiedMetadata	"Charles Tannock (ECR ). -"1
lpv:videoURI	<go to Events_and_structure europarl>2

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