Local view for "http://purl.org/linkedpolitics/eu/plenary/2001-04-03-Speech-2-202"

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"en.20010403.9.2-202"2
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". Mr President, I would like to say the following to Mrs Randzio-Plath: Firstly, with regard to the activities for 9 May, as you know, in cooperation with the chairman of the eurogroup, it has been agreed to communicate the 9 May initiative relating to schools to the Ecofin Council, in Malmö, and the Commission will print 400 000 little passports which our delegations will make available to the schools so that the children can begin to familiarise themselves with this situation. Secondly, in relation to the consumers’ difficulties with prices, we make certain references in this communication to factors which may be useful in guaranteeing that the rounding up or down of product prices does not benefit the retailer. We also insist that national administrations, in relation to the payment of taxes, for example – and the Belgian administration has done this – round prices down rather than up, so that the public administrations may be the first to demonstrate that the euro does not have to have inflationary effects, but precisely the opposite. Thirdly, the fundamental problem with the information campaigns – as you know – is that they are national. This means that some of the funds for 2002 can be used to finance some of the existing commitments. Campaigns have not only been carried out in accordance with calendar years. However, there is no doubt that if there are remains of these resources, we should seriously consider using them to send a political message about the significance of the euro, as a change in our customs, and about the fundamental nature of the process of European integration. I would say firstly to Mrs Thyssen that I agree with her that the small- and medium-sized businesses and consumers will not adapt until the last moment. Whether or not there are fiscal advantages is to be decided by the Member States. The principle of subsidiarity applies here and it is not for us to intervene on this matter. Something we have insisted on though, amongst the good practices, is that the debiting which the Central Banks make to the commercial banking sector, the financial advantage which results from the currency charge, be also partially transferred to the companies, so that this type of operation does not imply an additional cost for them. With regard to currencies, what you say is clear. We have not given any consideration to the recovery of currencies, but this is the element which initially is going to come into play most quickly. I take note of your proposal that an initiative of this type be created at a local level, which, as you say, may help to bring about a good result."@en1

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