Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-03-24-Speech-4-247-500"
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"en.20110324.22.4-247-500"2
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"I voted in favour of the appointment of Dr Praet as an executive committee member of the European Central Bank (ECB) as he has shown that he is an excellent candidate. During the hearing with the candidates held in the Committee on Economic and Monetary Affairs, Dr Praet proved to be the most knowledgeable and competent candidate by a wide margin. In recent years the European Central Bank has shown that it is an essential institution which was capable of managing the crisis and preventing even greater damage being caused. Indeed, beginning with the collapse of Lehman Brothers, the role played by the ECB – independently and separately from national governments – ensured that the extremely serious consequences of the crisis were not devastating. The ECB is and remains a bulwark in defence of the monetary union and the euro. For this reason, it is crucial that the members of its executive committee are equipped with exceptional qualities and experience."@en1
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