Local view for "http://purl.org/linkedpolitics/eu/plenary/2001-11-14-Speech-3-333"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2001-11-14"^^xsd:date2
dcterms:Is Part Of	lp_eu:Cross-border payments in euro2
dcterms:Language	"de"^^xsd:language2
lpv:document identification number	"en.20011114.12.3-333"2
lpv:hasSubsequent	lp_eu:2001-11-14-Speech-3-3342
lpv:speaker	lp:Othmar Karas2
lpv:spokenAs	unknown; Österreichische Volkspartei (1999-07-20--2004-07-19)3 member; ECON (1999-07-21--2002-01-14)3 substitute; Committee on Culture, Youth, Education, the Media and Sport (1999-07-21--2002-01-14)3 treasurer; EPP-ED (1999-09-30--2004-07-19)3 member; Delegation to the EU-Hungary Joint Parliamentary Committee (1999-10-06--2002-01-14)3
lpv:translated text	"Mr President, Commissioner, I should first like to thank Mrs Peijs for her persistence and consistency, which have certainly paid off here. In 47 days the euro coins and notes will be available to everyone in the euro zone as a common currency, in my opinion, the greatest European Union project ever in terms of creating identity and fostering integration. The euro zone will be a domestic market within the internal market. We are all called upon to do all we can, not only in connection with cross-border payments, to bring down the barriers to the creation of this domestic financial market. The difference in cost between national and cross-border transfers in the domestic market stands in contradiction to our objectives. A Commission study has shown that although these charges have been steadily falling since 1993, even today, at some banks, people are still having to fork out up to EUR 24 to transfer EUR 100 to another country in the EU. That is why this Commission proposal and the report are needed. Nevertheless, I wish to say on behalf of my group that we would welcome a genuine system of bank self-regulation, a system which is sustainable, comprehensive and credible. It is true that the proposals currently on the table are moving in the direction of a system of self-regulation of this kind, but we do not think that they go far enough. That is also why this report is being tabled here. Should a credible and sustainable system of self-regulation be forthcoming then we would be prepared to vote against the regulation at the next reading, which would allow the Commission not to implement its proposal for a regulation. However, we are waiting on the banks. The ball is in their court. We must adopt this approach because none of the measures taken so far have been sufficient."@en1

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