Local view for "http://purl.org/linkedpolitics/eu/plenary/2001-05-02-Speech-3-161"
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"en.20010502.11.3-161"2
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"I would like to start by congratulating Mrs Cederschiöld on her excellent report and the recommendations contained therein. Of course the circulation of the euro will have both positive and negative impacts. The positive is that it will be a physical recognition of the Union moving together closely when it actually benefits individual Member States. The negative aspect of course is that a new currency is open to abuse and to undermining by the expert counterfeiters that we have already heard of.
The euro is of enormous importance in the world markets, and therefore it is vital that we move to take protective measures to prevent counterfeiting. I am pleased that Mrs Cederschiöld makes such recommendations in her report and I personally and my group support these. It is worth noting, on the obligation to make checks at banks and bureaux de change, that she encourages close cooperation between Member States, the European Central Bank, national central banks, Europol and, when established, Eurojust. Also, she makes important reference to previous decisions on increasing criminal penalties, and calls for the harmonising of criminal charges and penalties.
It is absolutely essential that we leave no hiding-place for criminals, who can move very quickly with their information and their expertise from one Member State to another. It is also essential to pool and centralise information, and expert analysis when such counterfeiting comes to light. Technical assistance to facilitate the coordination of investigations is also needed if we are to track down these criminals across the Member States.
Equally, I applaud her recommendations to improve and facilitate cooperation between investigative and prosecuting bodies of the Member States, and that every Member State should recognise the principle of previous convictions. Whether in the EURO zone or not, I maintain that every citizen within the European Union has much to gain from a stable currency and a currency that can withstand the threats from the counterfeiters. Therefore I am extremely pleased to congratulate Mrs Cederschiöld on her report and the recommendations contained therein."@en1
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