Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-12-01-Speech-4-278-500"
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"en.20111201.35.4-278-500"2
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"In the current economic climate, the role of the European Central Bank (ECB) is the subject of much discussion, as its primary objective is to ensure price stability, and thus financial stability and proper liquidity in the markets. There is still much that it can do to assist in the economic recovery of the EU. In addition to the increasingly active approach of the ECB to managing the crisis, particularly in the summer of 2011, the report considers several scenarios to be explored by the EU, such as the creation of the European Ministry of Finance, a European Treasury and a European Monetary Fund, as well as the greater involvement of the ECB, along with the Commission and the International Monetary Fund, in countries that have been subject to intervention, among other proposals that are currently being discussed in the EU. This report does not, therefore, restrict itself to conducting a mere assessment of the role of the ECB and its activity during 2010, but also presents concrete proposals."@en1
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