Local view for "http://purl.org/linkedpolitics/eu/plenary/2006-10-26-Speech-4-030"

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"en.20061026.3.4-030"2
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"Mrs Berès’s report on the Annual Report (for 2005) of the European Central Bank is disappointing as it does not sufficiently underline the need for political reflection on the use of the euro to support growth and employment. In an ever more complex world, characterised by an extremely violent economic and social war, not to have an extensive and high-quality political debate on this subject is, at present, an error but may, in future, prove to have been an act of negligence. The European Central Bank and its President, Mr Trichet, must not lose sight of the fact that Article 105 of the Treaty establishing the European Community clearly indicates that, without prejudice to the objective of price stability, the European System of Central Banks shall support the EU’s economic policies. At a time when increases in the prices of raw materials and of energy are giving rise to natural inflationary tensions in the world, we need to reflect on the impact of this situation on our internal market and our common currency, while seriously asking ourselves whether the time might not have come to develop the euro so that, as well as being a truly remarkable technical success, it is also a political currency."@en1

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3http://purl.org/linkedpolitics/rdf/spokenAs.ttl.gz

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