Local view for "http://purl.org/linkedpolitics/eu/plenary/2015-10-08-Speech-4-252-250"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2015-10-08"^^xsd:date2
dcterms:Is Part Of	lp_eu:Mortgage legislation and risky financial instruments in the EU: the case of Spain (B8-0987/2015 )2
dcterms:Language	"en"^^xsd:language2
lpv:document identification number	"en.20151008.26.4-252-250"2
lpv:hasSubsequent	lp_eu:2015-10-08-Speech-4-252-5002
lpv:speaker	lp:Matt Carthy2
lpv:spoken text	"I voted in favour of this resolution, which was concerned with the mass evictions currently taking place across Spain and the risky financial instruments which are one of the causes of these evictions. At present, 95 families lose their home every day. This is due to the economic, social and financial crisis. However a majority of the evictions are cause by a combination of abusive practices on the part of financial institutions, a lack of accurate essential information on financial instruments for consumers and insufficient legal protection of mortgage debtors. Regarding the abusive practices, 700 000 citizens are estimated to have been sold risky financial instruments by their Spanish banks in bad faith. In Ireland, where we are also currently experiencing an unprecedented homelessness crisis, we now have 130 000 families in need of housing, and many families forced into bankruptcy. In May of this year, my colleague Pearse Doherty brought legislation to the Dáil which would have allowed the regulator to set a cap on the rates being charged by banks but the Irish Government voted against it. This is a matter on which my party will continue to fight, both on the European front and at domestic level."@en1
lpv:spokenAs	substitute; ECON (2014-07-01--2017-01-18)3 member; AGRI (2014-07-01--2017-01-18)3
lpv:unclassifiedMetadata	"Matt Carthy (GUE/NGL ),"1 "in writing. ‒"1

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