Local view for "http://purl.org/linkedpolitics/eu/plenary/2000-07-05-Speech-3-062"

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"en.20000705.3.3-062"2
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"Mr President, the question troubling me over Mr Karas' report is whether we are actually asked to endorse an information campaign on the practical implications of the introduction of the euro, or a propaganda campaign in favour of it. Surely no-one could challenge the need for information. True, some British newspapers declare that we already know all the facts, but the recent announcement of the merger between the Frankfurt and London stock exchanges left many British newspaper editors spectacularly exposed on the simple issue of which currency would be used for the exchange denomination. More than two-thirds of UK businesses are unaware of the practical implications of the introduction of the euro, even for those countries outside the euro zone. If there is funding available for the many seminars and conferences which UK trade associations, lawyers and accountants are holding, then as a UK lawyer let me declare my interest in ensuring that we get our share of it. But there is reason to believe that this campaign goes well beyond the provision of practical information. After all, the European Central Bank is holding its own information campaign, so why should we be duplicating the effort? Perhaps we see the answer in the evangelical tone of Mr Karas' report and his remarkable declaration that the euro information campaign must help to perpetuate the successful history of the euro. I certainly wish the euro well. Currency instability is bad for all of us, whether we are in or out of the euro zone. But I personally fail to recognise this historic success over the last six months, and the astonishing suggestion that the euro has proved a stabilising factor in the face of international monetary crises. Whether in or out of the euro zone it should be: information, ‘yes’, but propaganda, ‘no’."@en1
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