Local view for "http://purl.org/linkedpolitics/eu/plenary/2003-07-03-Speech-4-030"

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"en.20030703.2.4-030"2
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"Madam President, I feel it is genuinely important for Parliament to start carrying out an initial evaluation of the introduction of the euro today, a year and a half after its launch in the European market. The introduction of the euro has, without a doubt, been an extremely valuable development, and not just in economic and financial terms. It is worth pointing out once again that the euro area is the second largest economic area in the world. However, the single currency has also contributed to a small revolution in terms of culture and identity, so to speak. Indeed, the circulation and use of the single currency have given consumers something practical in common and have thus helped them to feel more like European citizens for the first time. Nevertheless, these same citizens, who exceeded all expectations and sailed through the transition from individual national currencies to the European single currency, are now demanding that the Community institutions carry out careful surveillance to prevent unjustified – and, in many cases, very substantial – increases in the price of both goods and services. Above all, as has been pointed out in the report too, these citizens are calling upon us to introduce minor measures in the future, effective, practical measures which will make their everyday lives easier. In particular, the citizens are calling upon us to introduce EUR 1 banknotes or even, in some cases, 50-cent banknotes, as well as for greater availability of low-value notes, especially in cash machines. I believe that these demands are absolutely legitimate and very reasonable too. I also believe that it is genuinely important that Parliament makes every effort to persuade the relevant Community institutions to comply with the demands of the European citizens, which, although small, are extremely important."@en1

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