Local view for "http://purl.org/linkedpolitics/eu/plenary/2000-05-17-Speech-3-062"

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"en.20000517.4.3-062"2
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"Mr President, the Commission’s and the ECB’s convergence report deals not only with the Greek, but also with the Swedish, convergence programme. So too does Mr Goebbels’ report, even if the part about Sweden is limited. The Swedish economy is doing well – very well. Mr Goebbels also points this out. In common with Mr Karas and Mrs Randzio-Plath, he also issues a reminder that the EU would be that much stronger if all the Member States were to participate in EMU. This is a timely reminder of something which is self-evidently the case. If one is going to join the EU, one should not do so by halves. Even if the economies of Great Britain, Denmark and Sweden are going well, it must be clearly pointed out, as it was by Commissioner Solbes Mira in the Committee on Economic and Monetary Affairs, that, if the spirit of the Treaty is to be complied with, no Member State can, in the long term, place itself outside so strategic an area of cooperation as the common currency. This could have been brought out more clearly in the report. The euro has provided greater stability. This has benefited companies, especially small companies. Price competition has increased, and there has been greater transparency. The euro is not weak. Instead, it is the dollar which is extremely strong. Allow me to remind those countries outside the euro zone that there is a danger of their influence declining further. Last week, we learned that France’s prime minister wants to see a Euro 11 – soon a Euro 12 – with more influence and power when it comes to economic and financial policy. At present, the economy is on the way up in Europe, but the clouds are gathering – in the United States and in Europe. You do not buy an umbrella once it has begun to rain. Instead, you buy an umbrella when the sun is shining so that you are prepared for when the rain comes. The euro provides Europe with economic stability and competitiveness. There are very strong economic and moral reasons why Sweden should join EMU. Sweden should also have an obligation to help increase Europe’s economic competitiveness. I should therefore have liked to have seen my home country, Sweden, being able to join with Greece today."@en1

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