Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-02-17-Speech-4-384-000"
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"en.20110217.18.4-384-000"2
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"On the eve of the G20 Finance Ministers’ meeting, Europe is once again arriving at the negotiating table unprepared. Since January 2011, the US administration has been demanding that the positions adopted by financial funds on the agricultural markets be controlled and transparent. The Commission must quickly make proposals along these lines. This advance is a first step towards denying the speculators what they crave. The impact on European livestock farmers is dramatic and immediate, too. They can no longer feed their animals.
Hundreds of farms are going bankrupt. Five years ago, wheat was worth EUR 100 per tonne. Today, it fetches almost EUR 300. The Commission is demanding that farmers adapt to market signals. It would do well today to follow its own advice. In the face of this crisis, the European Union cannot wait until 2014 to come up with solutions."@en1
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