Local view for "http://purl.org/linkedpolitics/eu/plenary/2001-09-06-Speech-4-115"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2001-09-06"^^xsd:date2
dcterms:Is Part Of	lp_eu:VOTE2
dcterms:Language	"nl"^^xsd:language2
lpv:document identification number	"en.20010906.5.4-115"2
lpv:hasSubsequent	lp_eu:2001-09-06-Speech-4-1162
lpv:speaker	lp:Erik Meijer2
lpv:spokenAs	unknown; Socialistische Partij (1999-07-20--2004-07-19)3 member_of_the_bureau; EUL/NGL (1999-10-13--2004-07-19)3 member; Committee on Regional Policy, Transport and Tourism (1999-07-21--2002-01-14)3 member; Delegation to the EU-Slovak Republic Joint Parliamentary Committee (1999-09-29--2002-01-14)3 substitute; Temporary committee on human genetics and other new technologies in modern medicine (2000-12-13--2001-11-29)3 substitute; Delegation to the EU-Czech Republic Joint Parliamentary Committee (2000-11-09--2002-01-14)3 substitute; Committee on the Environment, Public Health and Consumer Policy (1999-07-21--2002-01-14)3
lpv:translated text	"On Tuesday, an extensive debate was held on the possible accession of twelve new Member States. The economies of most of those states are weak in comparison with those of the current Member States. It is not to be expected that these new Member States will swiftly change over to the euro as their own legal currency. In those states, the euro can at best acquire the position of a second currency, additional to the national currency and involved in an ever-fluctuating exchange rate battle. In those countries, the euro will at best be the currency for the rich and foreigners and have a role similar to that of the American dollar in many countries. The result of the enlargement will therefore be that the number of Member States which are eligible for financial support for their balance of payments will rise sharply. I am therefore not in favour of the simultaneous cut in the maximum level of loans to be allocated, from EUR 16 billion to EUR 12 billion. The Commission has still not made a concrete proposal for the way in which the new Member States can participate. I do, however, agree that responsibility for the management of the loaning mechanism should be transferred from the European Central Bank to the European Commission. A responsible body is needed which can operate at a political level, and the bank is not that body."@en1

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