Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-06-20-Speech-3-063"
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"en.20070620.3.3-063"2
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"Mr President, the eurozone is another important institution, bringing European nations closer to each other and further connecting our people’s wellbeing and prospects in the common future of a united Europe.
For this reason, the citizens I represent as a Cypriot MEP rejoice at the decision of the Committee on Economic and Monetary Affairs to approve the Commission’s proposal to proceed with the adoption of the euro by Cyprus on 1 January 2008.
I of course note with regret that paragraph 7b of the report’s explanatory statement somewhat erroneously states that the Cypriot Government has infringed the provisions of Regulation (EC) No 501/2004 of 10 March 2004 on providing Eurostat with full information on quarterly accounts for general government.
Yesterday, I wrote to the Cypriot Finance Minister and to the Commission on this subject. I welcome the speedy correction made by Commissioner Almunia, both to me in writing and here this morning. I wonder whether it would also be possible for a suitable correction and clarification to be made in the report, even at this late stage. I should appreciate the assistance of the rapporteur in doing this.
Cyprus’s adoption of the euro will, in addition to everything else, have two further beneficial effects. Firstly, it will bring Turkey closer to Europe as, on a practical level, the euro will replace the Turkish lira as the currency used in the Turkish-occupied northern part of Cyprus.
Secondly, it will bring Europe closer to the United Kingdom, as the euro will be the currency used by the civilian population living in the two British colonies in Cyprus, Akrotiri and Dhekelia. In these areas, the pound – albeit the Cyprus pound, a colonial version of the mighty British pound – will be replaced by the euro. These colonies will be the first official British territory on which the euro will be the currency of general use. In the future, the euro may even gradually extend from the colonies to the British mainland, undoubtedly to the joy of all the British MEPs in this House, of whom, incidentally, I do not see many.
In conclusion, I call on all my colleagues to support this report and I take this opportunity to extend an invitation to you all to visit Cyprus in 2008, to enjoy Cypriot hospitality and to spend your euros freely in the sun."@en1
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