Local view for "http://purl.org/linkedpolitics/eu/plenary/2006-05-16-Speech-2-371"

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". Madam President, Commissioner, Mr Stark, the Vice-President of the Deutsche Bundesbank, is a convincing candidate for the Executive Board of the European Central Bank. He was involved in the creation of the framework conditions for the euro as State Secretary of the German Ministry of Finance and is, so to speak, one of the founding fathers of the euro. Furthermore, something revealed by the hearing that is very positive is that he is a committed European. That should also be mentioned at this point. He stands for continuity in the European Central Bank, and for the objective of independence, which is particularly important at a time when increasing attempts are being made to subject the European Central Bank to external requirements. He stands for a low rate of inflation, for a stable currency, for the Stability and Growth Pact – which is very important at this particular time, when Member States are finding it hard to make savings. With the enlargement of the euro area around the corner, continuity is the overriding consideration. Speaking of the enlargement of the euro area, I should like to say that the Group of the European People’s Party (Christian Democrats) and European Democrats warmly welcomes Commissioner Almunia’s decision today in this context. The issue of Parliament’s role has also been debated. I, too, should like to see a strengthening of Parliament, and wish to emphasise that Mr Stark stated explicitly that the role of Parliament is very important to him. I hope that, in future, he will intervene accordingly on the Executive Board of the ECB when the CESR external expert group on clearing and settlement is engaged again, as it was just recently: we shall be looking at whether he really gives Parliament top priority. That was just an aside. Something that should play no part in Parliament in future, however, is screening of fundamental attitudes, and that is why we should think carefully about how to do things in future. What we need are candidates with a good image, with the relevant experience, like Mr Stark. It must not be a case of who shares our personal political views and who does not. That is not Parliament’s job, and I would not follow this course. I support the objective of ensuring that there are no national fiefdoms in the European Central Bank. We must also ensure, however, that both large and small economies are equally represented on the Executive Board of the ECB. In conclusion, I wish Mr Stark very great success with his new job, which we hope he will take up – for the sake of the euro and Europe, and an appropriate, effective, significant portfolio in the Governing Council."@en1

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