Local view for "http://purl.org/linkedpolitics/eu/plenary/2000-07-05-Speech-3-059"

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"Mr President, for most Europeans, the era of the euro will not actually begin until they are required to use euro coins and notes in the shops. Out of respect for all our European citizens, it is important not to underestimate the political significance of the changeover, and for this changeover to occur without any hitches. With this in mind, it is necessary to organise the practical dimension of the changeover well as a matter of priority. It is, in this context, extremely useful that, after extended pleas, also on the part of this House, frontloading has become possible. In addition, people need to have faith in the process as a whole. In order to instil this feeling, we must provide them with information as a matter of priority. We endorse the plans of the Commission, which set out to achieve this for each target group and by mobilising the organised midfield. After all, the hallmark of sound information is that it is tailored to the specific circumstances of those involved, and people and companies have a great deal more faith in their own associations and organisations than they do in public institutions. But not until we manage to reduce the costs of cross-border payments and exchange rates within the euro-zone will people and companies have a sufficient level of confidence, and this confidence is crucial. It is a prerequisite for motivating people to make the necessary efforts, efforts which are needed to adapt to the new situation. Let us not delude people into thinking they will not need to make any sacrifices. The changeover will require an effort. Everyone will need to adjust, everyone will need to make an effort. If we can help them in this and guide them in the right direction from the outset, we will have succeeded in our task of providing information. Mr President, Mr Karas’ report was approved by a large majority within the Committee on Economic and Monetary Affairs. This is only right, because it is a sound report, on which I would like to congratulate him."@en1

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