Local view for "http://purl.org/linkedpolitics/eu/plenary/2003-09-23-Speech-2-098"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2003-09-23"^^xsd:date2
dcterms:Is Part Of	lp_eu:Vote (continuation)2
dcterms:Language	"fr"^^xsd:language2
lpv:document identification number	"en.20030923.4.2-098"2
lpv:hasSubsequent	lp_eu:2003-09-23-Speech-2-0992
lpv:speaker	lp:Georges Berthu2
lpv:spokenAs	substitute; Delegation to the European Economic Area Joint Parliamentary Committee (EEA) (2002-02-07--2004-07-19)3 substitute; ECON (2002-01-17--2004-07-19)3 member; NA (2001-01-31--2004-07-19)3 unknown; Mouvement pour la France (2000-11-23--2004-07-19)3 member; AFCO (2002-01-17--2004-07-19)3 member; Delegation for relations with Canada (2002-02-07--2004-07-19)3
lpv:translated text	". We have voted against the appointment of Jean-Claude Trichet as president of the European Central Bank because during his hearing he expressed no desire for there to be any political reorientation given the semi-stagnation in which the heart of the Eurozone is currently plunged. Instead, he stressed that there is no recession in the strict sense of the word, which is true, and that the Eurozone’s key interest rates are ‘ the lowest for fifty years’, which is also true. His implicit message was that he could not, in his capacity of president of the ECB, do much more than that. He is not completely wrong, moreover: the slowdown currently enveloping France and Germany probably cannot be corrected by the tools of traditional monetary policy, because this is the result partially of the single currency a rigid framework applied in a uniform way to economies that are quite different. In light of this situation, the room for manoeuvre available to the President of the ECB is perhaps limited. Is entrapping one of the very people responsible for inventing the Maastricht Treaty, however, not a fitting punishment for history to mete out?"@en1

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