Local view for "http://purl.org/linkedpolitics/eu/plenary/2002-07-03-Speech-3-118"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2002-07-03"^^xsd:date2
dcterms:Is Part Of	lp_eu:Vote2
dcterms:Language	"nl"^^xsd:language2
lpv:document identification number	"en.20020703.3.3-118"2
lpv:hasSubsequent	lp_eu:2002-07-03-Speech-3-1192
lpv:speaker	lp:Erik Meijer2
lpv:spokenAs	member; Committee on Regional Policy, Transport and Tourism (2002-01-17--2004-07-19)3 unknown; Socialistische Partij (1999-07-20--2004-07-19)3 member_of_the_bureau; EUL/NGL (1999-10-13--2004-07-19)3 member; Delegation to the EU-Slovak Republic Joint Parliamentary Committee (2002-02-07--2004-04-30)3 substitute; Delegation to the EU-Czech Republic Joint Parliamentary Committee (2002-02-07--2004-04-30)3 substitute; Committee on the Environment, Public Health and Consumer Policy (2002-01-17--2004-07-19)3
lpv:translated text	". The ECB is very reminiscent of an old-fashioned money-circulation bank in private hands. The reason for transferring it from private to state ownership was that money circulation should be a democratically verifiable core task of the government. This pertains to the policy regarding exchange rates, interest rates, the extent of money circulation and the implications for employment, public goods, environmental protection and the prices of consumer goods. By disconnecting a centralised European circulation bank from political interference, the link between the electorate and this core government task is severed, and we are back in the old, unsatisfactory situation we were in a century ago. The fact that every year, a report is discussed in this Parliament may be useful in order to air any conflicting views on the policy adopted in the past and to be expected in future, but the bank should not be concerned with this. There is even a tendency to blatantly do the exact opposite from what politicians prescribe. According to Mrs Kauppi, the bank has done a sterling job once again, but opinions may differ on this. The fact that the euro is achieving parity with the dollar again is caused by the tax level in the US which is structurally too low in relation to inevitable government expenditure combined with the waste in defence. I am only satisfied with the proposal to curtail secrecy by making the Minutes public."@en1

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