Local view for "http://purl.org/linkedpolitics/eu/plenary/2006-10-26-Speech-4-175"
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"en.20061026.22.4-175"2
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"Mr President, ladies and gentlemen, as I see it, Mrs Bérès' report is a demonstration that the monetary policy pursued by the ECB is a failure. To be honest, the only truly positive points it contains are the profit earned by the Bank and the fact that it has at least succeeded in creating jobs within its own four walls, because its workforce (though God only knows what they do) has increased by 86% in seven years.
We have now reached the point when, in order to make the euro more popular with the people of Europe, the rapporteur is calling for the banknotes to be changed to replace these images of non-existent bridges with real living beings, landscapes or monuments rooted in the culture of our continent.
I and my colleagues in the
have taken many, many opportunities here to say exactly what we think of this policy, of its disastrous effect on employment and the purchasing power of the European people, of its focus on financial rather than economic objectives, of the harmful absence of an exchange policy, and now of the policy of increasing interest rates, which will further hinder growth. Our opinion has not changed."@en1
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