Local view for "http://purl.org/linkedpolitics/eu/plenary/2005-07-04-Speech-1-110"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2005-07-04"^^xsd:date2
dcterms:Is Part Of	lp_eu:2004 Annual Report – ECB; Communication strategy on the euro2
dcterms:Language	"lt"^^xsd:language2
lpv:document identification number	"en.20050704.17.1-110"2
lpv:hasSubsequent	lp_eu:2005-07-04-Speech-1-1112
lpv:speaker	lp:Justas Vincas Paleckis2
lpv:spokenAs	substitute; Delegation to the EU-Bulgaria Joint Parliamentary Committee (2004-09-15--2006-12-31)3 member; PES (2004-07-20--2009-07-13)3 member; AFET (2004-07-21--2007-01-14)3 substitute; Delegation to the EU-Former Yugoslav Republic of Macedonia Joint Parliamentary Committee (2004-09-22--2007-02-13)3 substitute; ENVI (2004-07-21--2007-01-14)3 unknown; Lietuvos socialdemokratų partija (2004-07-20--2009-07-13)3 member; Delegation to the EU-Russia Parliamentary Cooperation Committee (2004-09-15--2009-07-13)3
lpv:translated text	"The draft resolution is of particular significance for those European Union countries that will soon join the Eurozone. At present, the members of the Exchange Rate Mechanism II are Lithuania, Estonia, Slovenia and Denmark. The first three countries have a good chance of introducing the euro and taking advantage of its positive merits in 2007. Lithuania and Estonia are the only European Union Member States whose currency has already been pegged to the euro for several years. For this reason, joining the single currency should go smoothly. Nevertheless, the rumours circulating that the introduction of the euro in the twelve states was followed by a large jump in prices may do some harm. Panic may be aroused unnecessarily by artificial demand for certain goods and traders' aims to greatly round off prices for their own benefit; thus, as described in the resolution, a timely and accurate information campaign is particularly important, as well as a study of both the positive and negative experiences of those states that have introduced the euro. The Twin model may help greatly, but with 18 months remaining until the introduction of the euro, as far as we know the three countries mentioned do not yet have partners in this Twin Programme. These states should be urged to find partners as quickly as possible and work even more energetically."@en1

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