Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-03-25-Speech-4-202"
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"en.20100325.34.4-202"2
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"I voted for this report since the European Parliament drew the Commission’s attention to the fact that while developed states are gradually climbing out of the pit of the global crisis, the situation in developing countries is only getting worse. Therefore, the European Central Bank (ECB), the European Commission and the euro area Member States must encourage the process of integration in the area of economic and monetary policy in the European Union and support the expansion of the euro area. I am in favour of calling on the ECB to support the efforts of Member States outside the euro area to introduce the euro, especially in cases where Member States prove their ability to maintain reliable and stable fiscal discipline. I would like to point out that, in order to avoid financial crises in the future, we must call on the Eurogroup, the Council and the ECB to better coordinate their actions in the area of currency exchange rate policy. Therefore, in spite of the crisis, little progress has been made in the switch to a common international representation for the euro area. The greatest concern is that in spite of the fact that every effort is being made to stabilise the area of monetary and fiscal policy, employment in the EU continues to fall and unemployment and social isolation are on the increase."@en1
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