Local view for "http://purl.org/linkedpolitics/eu/plenary/2006-05-16-Speech-2-373"

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"en.20060516.40.2-373"2
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". Madam President, Commissioner, the Group of the Alliance of Liberals and Democrats for Europe welcomes the proposal to appoint Professor Jürgen Stark as a member of the Executive Board of the European Central Bank. The report presented by Mrs Berès clearly expresses this positive assessment, and therefore has the support of our group. Mr Stark gave convincing written answers to the questionnaire presented by the Committee on Economic and Monetary Affairs. At his hearing in committee on 18 April, he then proved himself once more to be an excellent candidate for membership of the Executive Board of the European Central Bank. He is convincing on account not only of his personal integrity, but also of his wide-ranging experience and his competence, particularly in matters of monetary policy. He played a substantial role in shaping the process of monetary union from 1988 until the introduction of euro notes and coins in 2002. Thus, he ranks among the architects of the Stability and Growth Pact, and he has spoken out consistently and clearly against watering it down. We in the Group of the Alliance of Liberals and Democrats for Europe welcome the fact that Mr Stark is a well-known advocate of the independence of the European Central Bank and attaches the highest priority to price stability. He has declared his unequivocal belief in the cornerstones of monetary union, and as a result we can be sure that he will endeavour, as a European, to act for the benefit of all. In addition, Mr Stark has given assurances that he is prepared to engage in an open dialogue with Parliament. We members of the Committee on Economic and Monetary Affairs shall take him at his word. I should like to conclude with a few critical remarks, which are of an exclusively procedural nature and have nothing to do with the quality of Professor Stark’s candidacy or with him personally. Although all the previous speakers have already pointed this out, I consider it sufficiently important to emphasise it once more: this nomination is not the result of a competitive process in which several applicants present their candidacies, but of political deliberations on the part of the Council. In addition, the large euro countries appear to look on the Executive Board of the European Central Bank as a fiefdom and exclude the representatives of other Member States from the outset. The Chairman of the Committee on Economic and Monetary Affairs, Mrs Berès, has written a letter to the Austrian Council Presidency proposing procedural improvements, as she has just stated. The ALDE Group expressly supports this proposal."@en1

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