Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-12-01-Speech-4-281-250"

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"en.20111201.35.4-281-250"2
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"I supported this document because it welcomes the fact that so far, the European Central Bank (ECB) has been remarkably successful in maintaining HICP inflation at close to 2%, despite a number of macro-financial shocks and volatile commodity prices, and at a time when average GDP growth has been low in the Union. The primary objective of the ECB is to maintain price stability and that this should contribute to financial stability and proper liquidity in financial markets. Financial instability poses a serious risk to medium-term price stability, and this hampers the smooth functioning of the transmission mechanisms of monetary policy. I believe that the ECB has played a decisive role by taking emergency measures to maintain market stability."@en1

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2http://purl.org/linkedpolitics/rdf/Events_and_structure.ttl.gz
3http://purl.org/linkedpolitics/rdf/spokenAs.ttl.gz

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