Local view for "http://purl.org/linkedpolitics/eu/plenary/2014-04-03-Speech-4-228-945"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2014-04-03"^^xsd:date2
dcterms:Is Part Of	lp_eu:Interchange fees for card-based payment transactions (A7-0167/2014 - Pablo Zalba Bidegain)2
dcterms:Language	"en"^^xsd:language2
lpv:document identification number	"en.20140403.95.4-228-945"2
lpv:hasSubsequent	lp_eu:2014-04-03-Speech-4-228-9472
lpv:speaker	lp:Kay Swinburne2
lpv:spoken text	"I largely support the aim of this proposal; persistent differences between national MIFs present a real obstacle to the single market objective. Regulatory action is needed since self-regulation and competition enforcement failed. Nevertheless, I had to abstain because I could not support a report which: Includes commercial cards in the scope of the regulation (contrary to the Commission proposal). Such cards are alternatives to invoicing rather than to cash and should therefore be excluded. Sets a too low a cap for credit cards (the average MIF in the UK is currently about 0.85% of transaction value). A too low cap increases the possibility of fixed credit card fees being applied (e.g. annual fees) and reduces flexibility to Member States in setting a suitable cap (Member States can only lower, not increase the cap set by the regulation). Endorses the Commission proposal to change the current ‘Honour All Cards Rule’ (HACR) in a way that is very confusing for consumers."@en1
lpv:spokenAs	substitute; Delegation to the Parliamentary Assembly of the Union for the Mediterranean (2012-03-28--2014-06-30)3 substitute; CULT (2012-01-25--2014-06-30)3 substitute; Delegation for relations with Switzerland and Norway and to the EU-Iceland Joint Parliamentary Committee and the European Economic Area (EEA) Joint Parliamentary Committee (2009-09-16--2014-06-30)3 substitute; Delegation for relations with the Palestinian Legislative Council (2009-10-19--2014-06-30)3 member; ECON (2012-01-19--2014-06-30)3 unknown; Conservative Party (2009-07-14--2014-06-30)3 member; PECH (2009-07-14--2014-06-30)3
lpv:unclassifiedMetadata	"Kay Swinburne (ECR ),"1 "in writing"1

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The resource appears as object in 2 triples

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