Local view for "http://purl.org/linkedpolitics/eu/plenary/2000-05-17-Speech-3-032"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2000-05-17"^^xsd:date2
dcterms:Is Part Of	lp_eu:Broad outlines of economic policies2
dcterms:Language	"da"^^xsd:language2
lpv:document identification number	"en.20000517.2.3-032"2
lpv:hasSubsequent	lp_eu:2000-05-17-Speech-3-0332
lpv:speaker	lp:Ole Krarup2
lpv:spokenAs	substitute; PETI (1999-10-08--2001-09-09)3 substitute; Committee on Legal Affairs and the Internal Market (1999-07-21--2002-01-14)3 substitute; Delegation to the EU-Malta Joint Parliamentary Committee (1999-09-29--2002-01-14)3 member; Committee on Citizens' Freedoms and Rights, Justice and Home Affairs (1999-07-21--2002-01-14)3 member_of_the_bureau; EDD (1999-07-20--2001-12-10)3 member; Delegation to the EU-Slovenia Joint Parliamentary Committee (1999-09-28--2002-01-14)3 unknown; Folkebevægelsen mod EU (1999-07-20--2004-07-19)3 member; Delegation for relations with South-east Europe (1999-09-28--2002-01-14)3
lpv:translated text	"The Commission’s recommendation and report may be evaluated in the light of the euro system’s most fundamental problems, and these are undeniably major and glaringly apparent. I come from a country whose people enjoy the rare privilege of being consulted in connection with such far-reaching decisions as participation in the euro system. Among Danes, there is a great deal of scepticism about, and opposition to, the national currency being swallowed up by the euro. I have no doubt that this scepticism and opposition are shared by large and growing groups of the populations of the other Member States, who are not being consulted. I only have time to mention a couple of points. The first is one which is extremely important to the whole problem surrounding the euro. Nobel Prize-winner Franco Modigliani points out that, in his view, unemployment has certainly been used by the European Central Bank as an instrument of economic policy designed to control inflation. This is a crucial point. The other absolutely crucial point I would mention is directly connected with the subject of the current motion for a resolution: the political weakness of the euro system. What is missing, of course, is a political superstructure for steering economic policy. This is the background to the French government’s proposal that the EU’s euro system should be equipped with a form of proper economic government. It is these political consequences which are so crucial to the issue of the Danish people’s consent. I can predict that the question of whether or not the euro zone is to be enlarged to include Denmark, Sweden and Great Britain will be decided in Denmark in the referendum on 28 September. The scepticism I have expressed here continues to grow."@en1

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