Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-11-23-Speech-2-283"

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"en.20101123.33.2-283"2
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"The ECB annual report covers the reaction to and exit strategy from the crisis applied by the Bank during 2009. On the other hand, in its report, which I voted in favour of, the European Parliament sets particular store by the gradual withdrawal of the ECB emergency measures applied in 2008 as a result of the financial crisis (1% interest rate, quantitative easing and inflation below 2%). This is especially important to Greece and the other states in the euro area as, in these cases, not only did the recession not end in 2009; on the contrary, it developed into a serious budgetary crisis. Consequently, any change of stance by the ECB will need to take account of the new situation and be applied in close cooperation with the Member States currently hit by the debt crisis."@en1

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3http://purl.org/linkedpolitics/rdf/spokenAs.ttl.gz

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