Local view for "http://purl.org/linkedpolitics/eu/plenary/2001-10-22-Speech-1-117"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2001-10-22"^^xsd:date2
dcterms:Is Part Of	lp_eu:International monetary system2
dcterms:Language	"nl"^^xsd:language2
lpv:document identification number	"en.20011022.8.1-117"2
lpv:hasSubsequent	lp_eu:2001-10-22-Speech-1-1182
lpv:speaker	lp:Johannes Blokland2
lpv:spokenAs	co-chair; EDD (2001-01-30--2004-07-19)3 unknown; Staatkundig Gereformeerde Partij - Gereformeerd Politiek Verbond - Reformatorisch Politieke Federatie (1999-07-20--2002-03-17)3 member; Committee on the Environment, Public Health and Consumer Policy (1999-07-21--2002-01-14)3 substitute; Committee on Citizens' Freedoms and Rights, Justice and Home Affairs (2001-09-10--2002-01-14)3 member; ECON (2000-02-02--2002-01-14)3 member; Temporary committee on human genetics and other new technologies in modern medicine (2000-12-13--2001-11-29)3 member; Delegation to the EU-Slovak Republic Joint Parliamentary Committee (1999-09-28--2002-01-14)3 substitute; Delegation to the EU-Slovenia Joint Parliamentary Committee (1999-09-29--2002-01-14)3
lpv:translated text	"Mr President, the rapporteur deserves support in his endeavours to achieve greater financial stability. He is right to call for tighter supervision, although that does not rule out a crisis. Interestingly, the strategy of the International Monetary Fund has shifted towards more focused support. This role of catalyst in stages of growth can preclude negative effects of the policy, such as an increase in the burden of debt for up-and-coming countries. The rapporteur’s request to coordinate a number of matters at European level is understandable. If these do not follow naturally on from global policies, Europe’s own policy would undermine the strength of the system as a whole. Finally, I cannot see a role for the European Central Bank in global crisis prevention. Only a few months ago, the ECB was asked to absorb the slow-down in growth, although there was no reason to reduce interest rates within Europe. Striking a compromise between European policy and global requirements does not seem to be benefiting international stability."@en1

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