Local view for "http://purl.org/linkedpolitics/eu/plenary/2004-01-13-Speech-2-294"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2004-01-13"^^xsd:date2
dcterms:Is Part Of	lp_eu:Services in the internal market2
dcterms:Language	"en"^^xsd:language2
lpv:document identification number	"en.20040113.12.2-294"2
lpv:hasSubsequent	lp_eu:2004-01-13-Speech-2-2952
lpv:speaker	lp:Theresa Villiers2
lpv:spoken text	"Madam President, I want to comment on both of the Commissioner's statements. I welcome the proposal on services. It is a great pity that it does not cover financial services. Unless there has been a last-minute change, these have been left out of the general proposal, which is unfortunate because the general principles of country of origin and mutual recognition, which are found in the service proposal, are applicable in financial services, and it would have been good to have that reinforced by their inclusion in this proposal. The main thing I want to comment on is the Commission's decision today to take the Ecofin Council to court over its suspension of the Stability Pact. This is a serious row, and it has just got a lot bigger today. It is a graphic illustration of the problems you inevitably get when you try to run a single currency across 12 different countries. Those tensions will continue and only get worse, because it really is impossible to run a single economic policy which suits every single one of those 12 economies. Those tensions will get more – not less – significant with the expansion of the eurozone and with the enlargement of the European Union. I hope there is a satisfactory resolution to this problem, but at the moment it is another serious blow to the euro's credibility that the rules are not being enforced by the ECOFIN finance ministers. We were told that these rules were fundamental to making the euro work, the Commission is being forced into this drastic action and the wrangle is set to go on for a great deal longer. In the light of the circumstances we have seen today, it is no wonder that people in the United Kingdom, Denmark and Sweden are all saying a big 'no' to the euro."@en1
lpv:spokenAs	substitute; Committee on Legal Affairs and the Internal Market (2002-01-17--2004-07-19)3 member; Delegation to the EU-Cyprus Joint Parliamentary Committee (2002-03-07--2004-04-30)3 member; EPP-ED (1999-07-20--2004-07-19)3 unknown; Conservative and Unionist Party (1999-07-20--2004-07-19)3 member; ECON (2002-01-17--2004-07-19)3
lpv:unclassifiedMetadata	"Villiers (PPE-DE )."1

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