Local view for "http://purl.org/linkedpolitics/eu/plenary/2000-11-15-Speech-3-230"
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"en.20001115.10.3-230"2
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"Mr President, Commissioner, you have given me an answer about European economic policy and the practice in the Member States and the Commission on this. With the current state of the euro I believe the problem is not one of economic policy, and other answers need to be given.
If I could make your answer more comprehensive, I would add the evidence that dollars are being systematically purchased from Europe, an extraordinary investment in the United States, and if I governed this country I would be extremely concerned. In any case, the fall in the euro is favouring European exports enormously, which is not detrimental to Europe.
But I do not think you know how to explain this or you dare not do so, and anyway, the fundamental problem with the fall in the euro in fact lies in the lack of confidence in a common policy, because the Member States resist accepting the strategic and political reality of the euro’s actual existence."@en1
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