Local view for "http://purl.org/linkedpolitics/eu/plenary/2006-05-31-Speech-3-197"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2006-05-31"^^xsd:date2
dcterms:Is Part Of	lp_eu:Enlargement of the euro zone (debate)2
dcterms:Language	"lv"^^xsd:language2
lpv:document identification number	"en.20060531.18.3-197"2
lpv:hasSubsequent	lp_eu:2006-05-31-Speech-3-1982
lpv:speaker	lp:Guntars Krasts2
lpv:spokenAs	member; Delegation to the EU-Ukraine Parliamentary Cooperation Committee (2004-09-15--2009-07-13)3 substitute; Delegation for relations with the United States (2004-09-15--2007-03-13)3 unknown; Tēvzemei un Brīvībai/LNNK (2004-07-20--2008-06-09)3 member; UEN (2004-11-14--2009-07-13)3 vice-chair; ECON (2004-09-01--2007-01-14)3 substitute; IMCO (2004-07-21--2007-01-14)3
lpv:translated text	". Mr President, it is impossible to disagree with many conclusions expressed in the report. What objections could be made to an obligation to rigorously observe the Treaty’s conditions? This is just as it should be, and personally I am in favour of this position. If this approach had been consistently adopted, however, then the history of the euro zone’s creation would have been significantly different, and it is even possible that the number of states that are currently members of the euro zone would differ. A third of the current members of the euro zone joined it whilst in breach of one or other of the criteria. In reality, the admission criteria were only used as reference points, and political decisions were the real deciding force. This is not surprising, since in many cases the economic foundation of the criteria is very questionable. Thus, for example, the permissible inflation level was also set by reference to countries that are not in the euro zone and, most paradoxical of all, the best inflation indicators differ from the European Central Bank’s vision concerning the best level of price stability in the euro zone. The demand for countries to achieve exchange rate stability together with the inflation indicators makes this criterion even more contradictory. The European Central Bank does not even claim to bring this about in the euro zone. Concerns expressed in the report concerning potential problems with the applicant countries following accession to the euro zone cannot be attributed to the small, flexible economies of, for example, Estonia, Lithuania and Latvia, which are also open economies and have since the beginning of the 1990s had experience of exchange rates fixed over the long term. If Lithuania, with its trifling divergence from the inflation criterion, is not accepted into the euro zone, then that is obviously a political decision. I would support the report if it were truly focused on the improvement of the admission criteria in the future. Unfortunately, this is not the case. Rather, what we can detect in the report is the theme of the notorious Polish plumber."@en1

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