Local view for "http://purl.org/linkedpolitics/eu/plenary/2000-10-26-Speech-4-098"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2000-10-26"^^xsd:date2
dcterms:Is Part Of	lp_eu:Retail payments in the internal market2
dcterms:Language	"en"^^xsd:language2
lpv:document identification number	"en.20001026.3.4-098"2
lpv:hasSubsequent	lp_eu:2000-10-26-Speech-4-0992
lpv:speaker	lp:Theresa Villiers2
lpv:spoken text	"Madam President, it is a source of deep regret that in a Parliament where a good 85% of people have staked their political reputations on the single currency, we do not have a greater attendance to discuss the performance of this currency. We know that it is 17 times more expensive to make a cross-border transaction transfer in the euro area than it is to make a domestic one. People joining the euro thought that if it did nothing else, it would make it easier and cheaper for them to take their money abroad. We see that this is not happening. This promised benefit has not materialised; and indeed, as the Commission candidly admitted when this report was discussed in committee, no improvement is expected in the situation after the introduction of notes and coins. This is another blow to a currency already struggling, a currency that hits a new low on the international market virtually every week, a currency with the bank president continuously under fire for his ill-judged comments to the press, a currency where, on the only occasion when the people of Europe were asked to cast their vote on whether to join or not, they voted "no" in the recent Danish referendum. We now hear that the printers responsible for producing the notes are threatening to go on strike. Above all, even the most basic benefit that the euro enthusiasts promised the people of Europe, the reduction of transaction costs, is not being realised. What are the benefits for the people of the euro area from this currency that has been foisted on them by a political elite in Europe? This project is not about economics. This project is not about giving practical benefits to European citizens. It is and always has been a step on the road to creating a United States of Europe, a political project. We are seeing that it is failing to deliver any benefits to the mainstream majority of ordinary people in the euro area."@en1
lpv:spokenAs	member; Delegation for relations with the countries of South Asia and the South Asia Association for Regional Cooperation (SAARC) (1999-10-06--2002-01-14)3 member; ECON (1999-07-21--2002-01-14)3 member; EPP-ED (1999-07-20--2004-07-19)3 unknown; Conservative and Unionist Party (1999-07-20--2004-07-19)3 substitute; Committee on Legal Affairs and the Internal Market (1999-07-21--2002-01-14)3
lpv:unclassifiedMetadata	"Villiers (PPE-DE )."1

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