Local view for "http://purl.org/linkedpolitics/eu/plenary/2000-07-05-Speech-3-040"
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"en.20000705.2.3-040"2
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"Mr President, having listened to Mrs Berès and Mrs Bordes I am more worried than ever that the fine talk at Lisbon is actually being realised. There does not seem to be any understanding among the communists and socialists of the concern Mrs Lulling and the EPP Group have regarding how European competitiveness and dynamism can be realised. I wish that France and the French Members of Parliament were as active, for example, in the implementation of the action programme relating to financial services, as they are in promoting the Social Agenda. President Chirac yesterday emphasised with eloquence the importance of finding the right balance between these two objectives, and I wish you would listen to your President.
Mr Duisenberg, I remember last year’s discussion on the 1998 annual report very clearly. Then I pointed out Parliament’s wish to see a strong and independent European Central Bank in the future, one that was well established and had gained the confidence of the market. The report we are now dealing with also shows that progress was clearly made in this direction last year. It is to be welcomed that the ECB is committed to regularly releasing its economic forecasts and details of its econometric models of the Euroland economy. There has to be more transparency, however. Mr Duisenberg, the fact that there are many econometric models does not prevent their all being published and made known to Parliament also. It is important that these models, on which we try to decide money policy in a new economy, with all the circumstances of a new economy, are published openly in order for economists and politicians to discuss them.
I agree with Mrs Riis-Jørgensen that the ECB should explain its policy of intervention. This morning on the CNN news channel they presented some results of research regarding various intervention policies by the ECB, and the ECB came across as a good intervention-focused bank. Could you comment on that later on in your reply?"@en1
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