Local view for "http://purl.org/linkedpolitics/eu/plenary/2004-10-27-Speech-3-187"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2004-10-27"^^xsd:date2
dcterms:Is Part Of	lp_eu:Question Time (Council)2
dcterms:Language	"pt"^^xsd:language2
lpv:document identification number	"en.20041027.10.3-187"2
lpv:hasSubsequent	lp_eu:2004-10-27-Speech-3-1882
lpv:speaker	lp:António Costa2
lpv:spokenAs	member; LIBE (2004-07-21--2005-03-11)3 vice-president; Parliament's Bureau (2004-07-20--2005-03-11)3 member; Delegation to the EU-Turkey Joint Parliamentary Committee (2004-09-15--2005-03-11)3 substitute; Delegation to the Euro-Mediterranean Parliamentary Assembly (2004-09-15--2005-03-11)3 substitute; Delegation to the EU-Russia Parliamentary Cooperation Committee (2004-09-15--2005-03-11)3 unknown; Partido Socialista (2004-07-20--2005-03-11)3 vice-president; European Parliament (2004-07-20--2005-03-11)3 substitute; IMCO (2004-07-21--2005-03-11)3 member; PES (2004-07-20--2005-03-11)3
lpv:translated text	"Question No 11 by Frederika M.J. Brepoels (): In various euro zone countries, a debate is in progress on the usefulness of the smallest euro coins (one and two cent). In the Netherlands and Finland, prices have already been rounded to the nearest five cents. In Belgium, the Minister for Finance is proposing to stop minting the smallest coins as from next year. A wide variety of studies have been commissioned: on the one hand, consumers are dissatisfied; on the other, business and manufacturers think that minting the coins is much too expensive. There are bound to be arguments in favour of the continued existence of the coins, and against, which need to be taken into consideration. There are bound to be benefits in terms of price stability, while costs for manufacturers, business and banks may be a drawback. Of course, the EU may allow any Member State to act on its own initiative, which is what is happening now. Is that what the EU wants, however? Does the European Council not think that it is somewhat premature for an irreversible decision? Would it not be preferable to wait, for instance, until euro coins have been in circulation for five years? What is the Council's position on price rounding? Does the Council think that a Member State should simply be able to decide, on its own initiative, to stop minting small coins? As any decision to scrap coins is a matter for the European finance ministers, what is the Council's position? Although, to the best of my knowledge, no Member State is calling for them to be scrapped, will the Dutch Presidency be calling for a clear decision from the European finance ministers or will each Member State be simply allowed to continue to muddle through?"@en1
lpv:unclassifiedMetadata	"President."1 "Subject: European Council's position on the possible scrapping of euro coins"1

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