Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-12-17-Speech-3-394"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2008-12-17"^^xsd:date2
dcterms:Is Part Of	lp_eu:Question Time (Commission)2
dcterms:Language	"es"^^xsd:language2
lpv:document identification number	"en.20081217.24.3-394"2
lpv:hasSubsequent	lp_eu:2008-12-17-Speech-3-3952
lpv:speaker	lp:Manuel Medina Ortega2
lpv:spokenAs	unknown; Partido Socialista Obrero Español (2004-07-20--2009-07-13)3 substitute; Delegation for relations with Canada (2007-03-14--2009-07-13)3 substitute; IMCO (2007-01-31--2009-07-13)3 member; PES (2004-07-20--2009-07-13)3 substitute; Delegation to the Euro-Latin American Parliamentary Assembly (2007-05-23--2009-07-13)3 member; JURI (2007-01-31--2009-07-13)3 member; Delegation for relations with the countries of the Andean Community (2007-03-14--2009-07-13)3
lpv:translated text	"Thank you, Commissioner, for your highly relevant, correct and complete answer. I have to formulate my follow-up question rather carefully, because setting interest rates is not the Commission’s job but the European Central Bank’s, and the two bodies are independent of each other. It does seem, however, that inflation and interest rates are inter-related. Some people think that the European Central Bank raised interest rates at a certain time when it was perhaps unnecessary to do so, thus causing consumers considerable hardship, whereas we are now seeing a different process, a kind of competitiveness surrounding interest rate cuts. I believe the rate in the United States is 0.25%, which is virtually nil. Is the Commission carrying out some kind of assessment on the effect of the European Central Bank’s decisions on inflation, and is it forecasting what their consequences may be in the future?"@en1
lpv:videoURI	<go to Events_and_structure europarl>2

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