Local view for "http://purl.org/linkedpolitics/eu/plenary/2005-07-04-Speech-1-106"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2005-07-04"^^xsd:date2
dcterms:Is Part Of	lp_eu:2004 Annual Report – ECB; Communication strategy on the euro2
dcterms:Language	"es"^^xsd:language2
lpv:document identification number	"en.20050704.17.1-106"2
lpv:hasSubsequent	lp_eu:2005-07-04-Speech-1-1072
lpv:speaker	lp:Antolín Sánchez Presedo2
lpv:spokenAs	member; PES (2004-07-20--2009-07-13)3 member; ECON (2004-07-21--2007-01-14)3 member; Delegation for relations with Japan (2004-09-15--2007-03-13)3 unknown; Partido Socialista Obrero Español (2004-07-20--2009-07-13)3 substitute; Delegation for relations with the United States (2004-09-15--2007-03-13)3 substitute; INTA (2004-07-21--2007-01-14)3
lpv:translated text	"Mr President, President Trichet, Commissioner Almunia, ladies and gentlemen, I welcome the Annual Report of the European Central Bank as a demonstration of transparency, and its presentation and debate in Parliament as an exercise in democratic responsibility. During 2004, the year of enlargement to 25, interest rates have been maintained and prices have not changed when compared to the end of the previous year. There has therefore been a situation of stability, but also one of a lack of dynamism. The economic results of the eurozone have not met with prior expectations: there has been little increase in economic activity within the context of the greatest world growth of the last 20 years, market share has been lost in international trade and the productivity differential with the United States has increased, while there has been no significant change in the labour market. It is not just necessary to reflect, therefore, but also to make a great commitment: sustainable growth and employment are the main concerns of the Europeans. The reform of the Stability and Growth Pact is a good response, since it replaces a mechanical approach with rationality. At this time, Mr President, we wish to stress the European Central Bank’s special ability to provide financial conditions for everybody. We particularly welcome the reference in its report to the situation of small and medium-sized businesses and we would point out that, at this critical time when it is necessary to increase confidence in the common project, you will continue to enjoy our support in carrying out your duties"@en1

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