Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-11-23-Speech-2-880"

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"en.20101123.33.2-880"2
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"The report by Mr Balz failed to bring clarity to the question of the manner in which the European Central Bank (ECB) supervised and regulated transactions and monetary policy during the crisis. It is merely an attempt to clothe the bank’s operations in vague and cautious phrases. In reality, it is essential not only to define the state of affairs but also to prevent any symptoms that threaten the development of the economy. Only then can preparations be made in time and financial debts such as Greece’s EUR 110 billion budget deficit, Hungary’s EUR 28 billion budget deficit and Latvia’s EUR 7.8 million budget deficit be avoided altogether. Nevertheless, I consider that, taken as a whole, the ECB report is a positive step."@en1

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1http://purl.org/linkedpolitics/rdf/English.ttl.gz
2http://purl.org/linkedpolitics/rdf/Events_and_structure.ttl.gz
3http://purl.org/linkedpolitics/rdf/spokenAs.ttl.gz

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