Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-05-23-Speech-3-430-000"

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"en.20120523.21.3-430-000"2
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"That is a matter of political judgment. I would simply remind you that the central bank – this has nothing to do with this debate, but I have been asked the question so I must answer it – printed EUR 1 billion in the months of December and February in order to ease liquidity bottlenecks in the countries of southern Europe. In my opinion, it is apparent that we are on the way to losing price stability. I also think that this policy risks exacerbating the situation in the commodity markets, because a lot of money is flowing into precious metals and commodities there, since some investors see them as safe havens or want to make speculative transactions there too."@en1
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