Local view for "http://purl.org/linkedpolitics/eu/plenary/2003-03-11-Speech-2-149"

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"en.20030311.7.2-149"2
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"Mr President, Commissioner, before us is a compromise which has achieved only one clear objective, that of unanimous consensus in the Governing Council, which is not exactly what the European Central Bank needs to prepare for enlargement. The distribution of powers and responsibilities between parliaments, governments and independent authorities – the independence of the European Central Bank is a valuable asset which has worked well and must be safeguarded – does not give independent authorities the power to decide on their working procedures or, as in this case, on changes to the working mechanisms, particularly where it is a question of enlarging a club. It is clear that the current members of the club have presented a proposal which, first and foremost, affords themselves and their prerogatives some protection against the prerogatives of the members who will join the club in the future. It is absolutely obvious. I believe there is a serious procedural defect that has led to this situation and to a proposal containing a number of shortcomings, which have already been pointed out by Mr Huhne, who said that the hierarchy of countries is dubious. I hope Mr Goebbels will forgive me if I say, just by way of example, that I too believe that Luxembourg must not have a greater role than Poland. Of course, the presentation of the European Central Bank’s proposal is in line with the Treaty of Nice, which, moreover, stipulated that the Council could decide on either an ECB proposal or a Commission proposal. I believe that we must somehow go back to square one and that the Commission must produce its own proposal, taking Parliament’s recommendations into consideration. The ECB will be consulted, but it cannot be allowed to be the promoter of this decision which concerns it so closely."@en1

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