Outcome of the European Council meeting of 14-15 March 2013: - MEPs debate

Type: News   Reference: 92832   Duration: 00:04:43  Lieu: Brussels, Belgium - European Parliament
End production: 20/03/2013   First transmission: 20/03/2013
The outcome of the EU summit on 14-15 March has been the focus of Council President Herman Van Rompuy and Commission vice president Maros SEFCOVIC address to the Members of the EP. The debate has been nevertheless mostly centered on the Cyprus situation.

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TIME DESCRIPTION DURATION
00:00:00 Title 00:00:05
00:00:05 Exterior shot of the EP, Brussels 00:00:05
00:00:10 Ambience shots before the start of the debate. 00:00:10
00:00:20 SOUNDBITE (English) Corien WORTMANN-KOOL (EPP, NL): "What went wrong in the Eurogroup on Friday night? How come that all of the sudden small saving and depositors are no longer protected? One of the few certainties Europe provided our citizens with, in this time full uncertainties, is now harmed. We know that it takes years to recover trust by depositors, so this is a dangerous precedent". 00:00:27
00:00:47 SOUNDBITE (English) Corien WORTMANN-KOOL (EPP, NL): "For the EPP group it is clear that all stakeholders have to contribute, including Russian money, but we need a European, not a Russian, solution". 00:00:12
00:00:59 SOUNDBITE (German) Hannes SWOBODA (S&D, AT): "It's a scandal that European Finance Ministers have taken the side of the bankers and not the side of citizens. And if it's going to be like that in this House, then the Social Democrats cannot vote for it, because we are on the side of citizens, not bankers. We cannot have an agreement and then backtrack on it, just to get the consent of the bankers. And if the Italians vote for Mr Grillo, is no surprise". 00:00:29
00:01:28 SOUNDBITE (English) Guy VERHOFSTADT (ALDE, BE): "Has this been discussed during the Spring Council, the case of Hungary? I know that Mr. Schulz have asked for it in his intervention, there was also the letter from the foreign ministers of Germany, of The Netherlands, of Finland and Denmark raising their concern on it. And my question is has it been discussed and if not, why not?". 00:00:24
00:01:52 SOUNDBITE (English) Guy VERHOFSTADT (ALDE, BE): "I cannot longer accept this argument saying that if we give weapons to Syria they will fall in the hands of jihadist. If we don't have the new elected Prime Minister, Mr Hitto, not only the weapons, but the whole country will fall in the hands of the extremists and the fundamentalists". 00:00:22
00:02:14 SOUNDBITE (English) Guy VERHOFSTADT (ALDE, BE), on Cyprus: "If we ask a 5.8 billion contribution, it has to be the big depositors and the big stakeholders and the managers of the banks concerned who have to pay, and not the small banks costumers and the small depositors". 00:00:17
00:02:31 SOUNDBITE (German) Rebecca HARMS (Greens-EFA, DE): "Europe must clarify as soon as possible that anything under 100 000 euro should not carry the levy. Everything above 100 000 should be considered for a levy of a 15%. We believe that the senior bond holders should make a contribution of their own and that means that the 5 point something billion could be put together and we think that emergency measures need to be taken this very week so we avoid a dramatic withdrawal of capital from Cyprus". 00:00:39
00:03:10 SOUNDBITE (Czech) Jan ZAHRADIL (ECR, CZ): "Russian citizens and Russian companies have large deposits in Cyprus and are already reacting on this European decision. That should have been expected. If the EU really wants Russia to buy up Cyprus, this is what you are doing! and I don't think that's a good idea". 00:00:27
00:03:37 SOUNDBITE (English) by Maros SEFCOVIC Vice President of the European Commission: "We would be clearly ready to support the different mix of taxation which would really not put the small savers under this new tax. But the feeling was there was clearly no willingness from the Cyprus side to go through the stability levy over the 10% for the wealthy depositors in the Cypriot banks". 00:00:27
00:04:04 SOUNDBITE (French) by Herman VAN ROMPUY, President of the European Council: "During years and years we have allowed Cyprus with a deficit on the current account of the balance of payments over the 10%. We didn't react. It is a model unsustainable economically speaking. We didn't react". 00:00:19
00:04:23 SOUNDBITE (French) by Herman VAN ROMPUY, President of the European Council: "We have talked about the issue of Hungary, the President of Parliament has mentioned that, and that has led to reactions from various leaders. But the rules are clear; the rule states that the Commission is the guardian of the treaties". 00:00:20
00:04:43 END 00:00:00
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