Local view for "http://purl.org/linkedpolitics/eu/plenary/2001-05-03-Speech-4-103"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2001-05-03"^^xsd:date2
dcterms:Is Part Of	lp_eu:Vote2
dcterms:Language	"fr"^^xsd:language2
lpv:document identification number	"en.20010503.5.4-103"2
lpv:hasSubsequent	lp_eu:2001-05-03-Speech-4-1042
lpv:speaker	lp:Georges Berthu2
lpv:spokenAs	member; NA (2001-01-31--2004-07-19)3 member; AFCO (1999-07-21--2002-01-14)3 vice-chair; Delegation for relations with Canada (1999-07-22--2002-01-14)3 unknown; Mouvement pour la France (2000-11-23--2004-07-19)3
lpv:translated text	". One of the lessons that I have learned from yesterday’s debate on protecting the euro from counterfeiting is that the European Union and the various governments concerned are committing a serious error of judgment on the introduction of the single currency. At the moment, they are giving the public neither a financial guarantee against the risk of counterfeit euros, nor financial aid for adaptation measures, as if this were a straightforward operation of replacing one set of notes with another. This is not the case at all. We are facing a quite exceptional and hazardous operation, which involves both replacing all coins and notes and at the same time changing all the points of reference. If we are to succeed in this exceptional undertaking, to reassure the public and to give them support, which is essential, exceptional means must be provided, with, of course, the corresponding budgets. Admittedly, these budgets would probably prove to be very high. They would not satisfy the Maastricht criteria for public deficits. This is a paradox about this operation which we have to accept. In order to resolve this paradox, we could first of all consider removing the budgets for the introduction of the euro from the calculation of the 3% deficit. This would clearly be a definitive operation. We would then have to find the money, at a time when economic growth is, of course, slowing down in Europe and when tax revenue will be falling. We could put forward various ideas on this matter, including that of levying a ‘special introduction of the euro’ tax on the profits of large companies, since they will be the main beneficiaries of the single currency. In any case, I maintain my conclusion that it is dishonest and irresponsible to act as we are today, attempting to shift the cost of introducing the euro onto hundreds of thousands of ‘little people’ who cannot fight back."@en1

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