Local view for "http://purl.org/linkedpolitics/eu/plenary/2004-10-26-Speech-2-135"

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"en.20041026.9.2-135"2
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". I endorse various comments made by the rapporteur in his appraisal of the activities of the European Central Bank (ECB). I agree that the ECB has been a factor in institutional and economic stability and that it has met the majority of its objectives. It seems, however, increasingly peaceful – particularly given the increasing importance accorded to this body – that its mandate also encompasses ‘specific support for the Lisbon objectives’. Accordingly, it is important that we pursue more actively monetary and currency policies that promote the objectives of full employment based on competitiveness, of support for investment, and of combating the effects on the market of extremely high oil prices. Lastly, I should like to highlight the fair criticism made by the rapporteur regarding the fact that many banks still charge a commission on transfers and exchanges of cheques between countries in the Eurozone. Indeed, ‘as long as this is the case there will never be a ‘single currency’. I regret that the rapporteur distanced himself from the adopted resolution during the final vote – and I find it strange that he left it until then to do so – because the adopted text does not differ a great deal from what had come from the committee concerned."@en1

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