Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-27-Speech-2-314-000"
| Predicate | Value (sorted: default) |
|---|---|
| rdf:type | |
| dcterms:Date | |
| dcterms:Is Part Of | |
| dcterms:Language | |
| lpv:document identification number |
"en.20110927.26.2-314-000"2
|
| lpv:hasSubsequent | |
| lpv:speaker | |
| lpv:spokenAs | |
| lpv:translated text |
"The introduction of the euro has considerably increased the need for cross-border transportation of cash by road. Within the euro area, banks, the large retail sector and other professional cash handlers should be able to enter into a contract with the cash-in-transit (‘CIT’) company and to take advantage of the cash services of the nearest national central bank (NCB) branch or CIT cash centre, even if it is located in another Member State.
The purpose of the present proposal is to extend the scope of the proposal for a regulation on the cross-border transportation of euro cash by road between euro area Member States to the territory of a Member State that is about to introduce the euro, since there will normally be an increased need for cross-border euro cash transportation in the run-up to the changeover. The extension of the regulation should be automatic and take effect as from the date when the Council decides to lift the derogation of a Member State from its participation in the euro area.
The applied measures are appropriate and are necessary in order to facilitate a smooth changeover to the euro. The Regulation (EU) of the European Parliament and of the Council applies to the territory of those Member States which have adopted the euro as their single currency. There is a need for transportation of euro cash in the run-up to the euro changeover since the euro banknotes needed for the changeover are usually transported from existing euro area stocks and since euro coins are often fully or partly minted abroad."@en1
|
Named graphs describing this resource:
The resource appears as object in 2 triples