Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-05-22-Speech-2-297-500"

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"Firstly, I would like to look at the idea of issuing EUR 1 and EUR 2 banknotes, which was referred to by Mr Martin. It would have been more sensible to have brought up this idea a few years ago, in order to back up the EUR 1 and EUR 2 coins, but unfortunately, this was not considered at the time. It would not be fair to the citizens to abolish the 1 cent and 2 cent coins. In the old Austrian currency, 1 cent was 10 groschen, which was not a lot, but it still had a value. If these small coins are abolished, it will result in goods becoming more expensive. We cannot and should not expect the citizens of Europe to accept that, because it is likely that prices will be rounded up. All the citizens of Europe are trying to save and have to think carefully before spending their money to ensure that they do not waste it. It is not possible to vote in favour of this proposal if you have the welfare of the citizens at heart, which is why I have voted against it."@en1

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