Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-07-09-Speech-3-034"
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"en.20080709.2.3-034"2
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"The European Central Bank carries out its activity to maintain price stability under conditions of great uncertainties and inflationist pressures.
We do not know yet if the current level of energy and food prices is the one upon which the entire price structure will rely; we also do not know what public policy actions the Member States will take to facilitate the adjustment of the population’s businesses and savings and households to the new price structure. Also, the financial crisis is still far from having said its last word.
As a member of the European Parliament, I appreciate the competence and integrity of the European Central Bank’s monetary policies and its President’s determination to stay on the inflation target characterising the measure of price stability.
I express my confidence in the good judgment of the European Central Bank, in the integrity and independence of the European Central Bank and the politicians’ reserve to interfere with this bank’s decisions."@en1
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