Local view for "http://purl.org/linkedpolitics/eu/plenary/1999-10-26-Speech-2-109"

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.19991026.3.2-109"2
lpv:hasSubsequent	lp_eu:1999-10-26-Speech-2-1102
lpv:speaker	lp:Herman Schmid2
lpv:spokenAs	unknown; Vänsterpartiet (1999-07-20--2004-07-19)3 member; EMPL (1999-07-21--2002-01-14)3 substitute; ECON (1999-07-21--2002-01-14)3 member; Delegation for relations with the United States (1999-09-29--2002-01-14)3 member; EUL/NGL (1999-07-20--2004-07-19)3
lpv:translated text	"( Mr President, I want to thank Mr Huhne for an interesting report containing a number of important clarifications. Among other things, he points out that the European Central Bank is altogether too secretive, that the meetings are held in camera and also that the current President, Mr Duisenberg is against the minutes from the Bank’s discussions being published. There are a lot of people who have taken up this point, so that Parliament is expressing a strong opinion on the matter. Mr Huhne complains in his report that the European Central Bank does not display the same openness as the central banks in the USA, Japan and England. Olle Schmidt talks about the Bank of Sweden’s publishing the minutes as soon as two weeks after the meetings concerned. Why should not the European Central Bank be able to do the same? There are various arguments in favour of this culture of secrecy. One of these which has been put forward is quite startling, I think. This is an argument to the effect that the Bank’s leading personnel will be better able to withstand pressure from lobbyists and individual governments if they have a duty of confidentiality imposed upon them. I think that, in this way, an amazing lack of confidence in these people’s strength of character, integrity and independence is being expressed. They are mistrusted, which shows that it is not only ourselves, who are among those critical of the EU, who are mistrustful. Instead, I would maintain that distrust of the Bank’s leading personnel is written into the Bank’s own statute. Finally, I also want to associate myself with Mr Huhne’s understanding of the goal and significance of monetary policy. I want to go a step further and say that the ideology concerning stability is just that: an ideology. If we look at what has happened in Europe in recent years, it appears, rather, that the policy of stabilisation merely stabilises unemployment."@en1
lpv:unclassifiedMetadata	"SV)"1 "Schmid, Herman (GUE/NGL )."1

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