Local view for "http://purl.org/linkedpolitics/eu/plenary/1999-10-26-Speech-2-101"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"1999-10-26"^^xsd:date2
dcterms:Is Part Of	lp_eu:ECB annual report2
dcterms:Language	"sv"^^xsd:language2
lpv:document identification number	"en.19991026.3.2-101"2
lpv:hasSubsequent	lp_eu:1999-10-26-Speech-2-1022
lpv:speaker	lp:Olle Schmidt2
lpv:spokenAs	member; ECON (1999-07-21--2002-01-14)3 substitute; Delegation to the EU-Czech Republic Joint Parliamentary Committee (1999-09-29--2002-01-14)3 member; ELDR (1999-07-20--2004-07-19)3 substitute; BUDG (1999-07-21--2002-01-14)3 substitute; Committee on Women's Rights and Equal Opportunities (1999-07-21--2002-01-14)3 unknown; Folkpartiet liberalerna (1999-07-20--2004-07-19)3 member; Delegation to the EU-Slovak Republic Joint Parliamentary Committee (1999-09-29--2002-01-14)3
lpv:translated text	"Mr President, Mr Duisenberg, we in Sweden are relatively new to the EU, and I am new to this House. It is my understanding that we Swedes still have a lot to learn within the field of European cooperation. At the same time, it is my conviction that there is also a great deal for the EU to learn from how we handle some things in Sweden, for example the issues of openness and public access to official records. When it comes to the report on the European Central Bank, there is every reason to wonder whether we should not be able to do more to increase openness within the European Central Bank and public control of its affairs, to strengthen the Bank’s legitimacy and to increase democratic support for it. We Liberals believe that this is needed, and without, moreover, encroaching upon the Bank’s independence or reducing its efficiency. The Bank of Sweden now reports, with two weeks’ delay, upon the minutes of the meetings of the Board of Directors. Monetary considerations, together with the positions adopted by the various Board Members, are reported on at this time. Last week, Swedes learned that the Deputy Chief Executive of the Bank of Sweden, together with a further Member of the Board, did not back the Bank’s latest report on inflation. They advocated a rise in interest rates but were voted down. Similar openness would be to the advantage of the European Central Bank too. Why? Well, openness leads to clarity, which reduces uneasiness in the market and makes for stability. However, Mr Duisenberg and I are clearly not properly in agreement about this argument. Openness would increase our citizens’ support for the Bank and make it easier for everyone to understand the goal of monetary policy: that price stability, just as Mr Duisenberg said, should lead to growth and employment. In my opinion, being open about strategies and prognoses, internal discussions and methods of voting will also actually increase Board Members’ accountability, not reduce it. It is actually a good thing to be open to public scrutiny. I want to say too that we have today been able to see that support for EMU in Sweden has increased, which I am glad about. I should like to tell Mr Duisenberg that support for EMU and the likelihood of taking Sweden into EMU will increase if he and the European Central Bank display greater openness."@en1

Named graphs describing this resource:

The resource appears as object in 2 triples

Context graph