Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-12-01-Speech-4-283-500"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2011-12-01"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"de"^^xsd:language2
lpv:document identification number	"en.20111201.35.4-283-500"2
lpv:hasSubsequent	lp_eu:2011-12-01-Speech-4-283-2502
lpv:speaker	lp:Franz Obermayr2
lpv:spokenAs	substitute; EMPL (2009-07-16--2012-01-18)3 substitute; Delegation to the EU-Kazakhstan, EU-Kyrgyzstan and EU-Uzbekistan Parliamentary Cooperation Committees, and for relations with Tajikistan, Turkmenistan and Mongolia (2009-09-16--2014-06-30)3 unknown; Freiheitliche Partei Österreichs (2009-07-14--2014-06-30)3 member; Delegation for relations with Iran (2009-09-16--2012-02-12)3 member; REGI (2009-07-16--2012-01-18)3 member; NA (2009-07-14--2014-06-30)3
lpv:translated text	"Since May 2010, the European Central Bank (ECB) has been acting outside the scope of its original competences, which, of course, were to control inflation and thus the stability of the euro. Since that date, however, it has been acting as the source of liquidity for bankrupt states and, since spring 2010, has bought up junk bonds to the sum of over EUR 200 billion. The fact that this in no way lessened the crisis, but, in fact, turned it into the mother of all crises, is something that we can all read about in the media these days. The ECB should recall its original mandate. What we need now is stability, so that those economies in the euro area that are strong are not sucked into the crisis, too. As I regard the ECB’s current approach to be errant, I voted against."@en1

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