Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-09-07-Speech-2-983"
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"en.20100907.24.2-983"2
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This proposal for a regulation defines the measures required to protect the euro against counterfeiting. Among other things, it requires credit institutions and certain other economic operators, such as cash transporters, to verify the authenticity of euro notes and coins that they receive and intend to release back into circulation. It also requires them to identify counterfeits. However, the lack of a binding common standard for authenticating the coins has resulted in different practices being used from one Member State to the next, which means that we are unable to provide consistent protection for the currency throughout the Union. As the rapporteur for my group, I worked very closely with Mr Binev on this proposal for a regulation. Like Mr Binev, I support the European Commission’s proposal and have voted accordingly."@en1
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