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Verbatim report of proceedings
Wednesday, 23 May 2012 - Strasbourg OJ edition

Explanations of vote
MPphoto
 
 

Text tabled : A7-0154/2012

  Monika Smolková (S&D), in writing. (SK) The financial crisis hangs over the EU like the sword of Damocles. We register all of its aspects, we can name the causes, and we see the consequences every day. For years, we have behaved as if we have had little courage and determination to make a firm decision so that the financial crisis did not also become a social crisis. The fact that twenty-five million people are now unemployed puts the social dimension on a knife-edge. People have high expectations that finally, after so many promises of growth and employment, the resources will be in place to meet those expectations. Redevelopment of the financial sector has taken away a substantial amount of public funds, which are then lacking in education, health and in social systems. I supported the directive because it is high time to send a signal to our citizens that we are interested in generating resources that affect employment and growth. A tax on financial transactions and the expected income of EUR 57 billion would undoubtedly create a good starting point for growth in the euro area, allowing businesses to access capital and entrepreneurs to access loans.

 
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