Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-13-Speech-2-395-500"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2011-09-13"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"pt"^^xsd:language2
lpv:document identification number	"en.20110913.34.2-395-500"2
lpv:hasSubsequent	lp_eu:2011-09-13-Speech-2-395-7502
lpv:speaker	lp:Nuno Melo2
lpv:spokenAs	member_of_the_bureau; EPP (2009-07-14--2014-06-30)3 member; LIBE (2009-07-16--2012-01-18)3 vice-chair; Delegation for relations with the Mercosur countries (2009-09-30--2014-06-30)3 substitute; Delegation for relations with the Palestinian Legislative Council (2009-09-16--2014-06-30)3 substitute; DROI (2009-07-16--2012-01-18)3 unknown; Partido Popular (2009-07-14--2014-06-30)3 substitute; ECON (2009-07-16--2012-01-18)3 member; Delegation to the Euro-Latin American Parliamentary Assembly (2009-09-16--2014-06-30)3
lpv:translated text	"Export credit agencies (ECAs) facilitate legitimate trade where the private capital market fails. They have a much higher risk-absorbing capacity than private actors, since they do not have to pay taxes and make profit, so they have more leeway to break even on an extended credit than private banks. ECAs play an important role in supporting trade and the investments of European companies. In light of public deficit situations in most EU Member States, however, it seems of the utmost importance that their operations be financially sound. The ECAs’ support for the economy is very important if the EU is to successfully emerge from the crisis."@en1

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