Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-11-17-Speech-1-105"
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"en.20081117.21.1-105"2
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".
Mr President, I would like to start where the prime minister left off. I believe that the flexibility shown by the Euro Zone and the 27 Member States in recent weeks is a very good start. It now needs to be developed further, and I have no doubt that, if the experience you have both brought to bear here is also accepted by the Member States, we will be on the right track.
I would like to thank everybody for their contributions. Mr Hoppenstedt quoted from the first debate on the euro, in which the euro was called a premature baby. Today, 10 years on, it has become a strapping young boy – the euro is a boy in my language, whereas the German mark was feminine – who got good marks all through primary school and is now going into secondary school. It remains to be seen whether he will continue to make it over the obstacles, but I am reasonably optimistic that he will succeed. When I hear from Mr Beazley that even the Conservatives in the United Kingdom are seriously considering joining the euro, that is quite a new perspective. All I can say to all that, of course, is that even the United Kingdom will not be able to join the euro for free: you will need to meet your obligations regarding the coordination and regulation of financial markets and comply with the necessary minimum harmonisation.
In that sense, we are on the right track. I would like to thank the Commission, and particularly Mr Almunia, and the President of the Eurogroup for their excellent cooperation. We will take you at your word regarding your suggestions. We want to work with you."@en1
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