Local view for "http://purl.org/linkedpolitics/eu/plenary/2006-10-26-Speech-4-014"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2006-10-26"^^xsd:date2
dcterms:Is Part Of	lp_eu:European Central Bank Annual Report (2005) (debate)2
dcterms:Language	"nl"^^xsd:language2
lpv:document identification number	"en.20061026.3.4-014"2
lpv:hasSubsequent	lp_eu:2006-10-26-Speech-4-0152
lpv:speaker	lp:Jules Maaten2
lpv:spokenAs	member; Delegation for relations with the countries of Southeast Asia and the Association of Southeast Asian Nations (ASEAN) (2004-09-15--2007-03-13)3 substitute; Delegation to the EU-Russia Parliamentary Cooperation Committee (2004-09-15--2007-02-14)3 member; ENVI (2004-07-21--2007-01-14)3 substitute; ECON (2004-07-22--2007-01-14)3 member_of_the_bureau; ALDE (2004-07-20--2009-07-13)3 unknown; Volkspartij voor Vrijheid en Democratie (2004-07-20--2009-07-13)3 substitute; AFCO (2004-09-03--2007-01-14)3
lpv:translated text	". Mr President, this report does, in any event – and indeed, as has already been indicated – represent an opportunity to take another good look at not only the ECB’s annual report but also at where we as Parliament stand in the debate on monetary policy. I have to say that this time round, as indeed in recent years, my group has taken a traditional line. First of all, our viewpoint on monetary policy is clear. The ECB’s independence may not be affected, there should be no political pressure and we must prevent monetary policy in the euro zone from being politicised. We believe that there is a need for confidence in the European Central Bank to be restored. In September 2005, when the rate of inflation rose by 2.6%, the European Central Bank responded well by increasing the historically very low interest rate. Price stability is the ECB’s Number One priority and that is how it should stay, as described in the Treaty. Having said this, we also take the view, and will do in future, that more transparency is possible. This is, in fact, what Mr Huhne said as long as six years ago, when he produced a report on this. I also value the ECB's efforts on this score, and the President’s being present in this plenary is a very different matter – although the same people are involved – from his visits to us in the Committee on Economic and Monetary Affairs; this is also very much appreciated; and I also think that this has not been done before. Despite this, much of the ECB’s decision-making is done in what appears to us to be dark backrooms. It is, of course, not the case that we want the whole of the European Parliament and the BBC to attend the meetings of the ECB’s Executive Board, but we would like to know the arguments in favour or against any decisions taken and whether these were taken unanimously or not, so that the market can gain a better insight into monetary policy. Finally, we would ask that the procedure for appointing members of the ECB’s Executive Board be reviewed. We think the current division of ECB seats according to the size of Member States should be abandoned. This should not involve a major public debate, but choosing from various candidates really strikes us as being a better system."@en1
lpv:unclassifiedMetadata	"de facto"1

Named graphs describing this resource:

The resource appears as object in 2 triples

Context graph