Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-11-17-Speech-1-078"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2008-11-17"^^xsd:date2
dcterms:Is Part Of	lp_eu:EMU10: The first 10 years of Economic and Monetary Union and future challenges (debate)2
dcterms:Language	"da"^^xsd:language2
lpv:document identification number	"en.20081117.21.1-078"2
lpv:hasSubsequent	lp_eu:2008-11-17-Speech-1-0792
lpv:speaker	lp:Hanne Dahl2
lpv:spokenAs	unknown; JuniBevægelsen - Mod Unionen (2008-05-09--2009-07-13)3 co-chair; IND/DEM (2008-10-22--2009-07-13)3 member; AFCO (2008-05-09--2009-07-13)3 substitute; CONT (2008-05-09--2009-07-13)3 substitute; ENVI (2008-05-09--2009-07-13)3 substitute; IMCO (2008-05-09--2009-07-13)3 vice-chair; Delegation for relations with Switzerland, Iceland and Norway and to the European Economic Area (EEA) Joint Parliamentary Committee (2008-06-03--2009-07-13)3
lpv:translated text	"Mr President, this year it is ten years since the introduction of the euro in a large number of countries within the EU. In Denmark we have rejected the introduction of the euro twice after long and in-depth debates, and now it is time take stock and review the situation. We need to look very critically at our common currency. Since July, the euro has fallen by 30% in relation to the dollar after the start of the financial crisis. Investors lack confidence in the euro. The question is, why? Part of the answer is obvious: there is a lot to suggest that the monetary policy pursued within the EU, which only looks at fighting inflation, is not the correct one. The very stringent finance policy that Member States are forced to pursue on account of the Stability Pact is simply not the right one just now. The low rate of the euro in relation to the dollar is a result of there being no confidence in the economic policy of the countries using the euro. We can also say that the financial crisis demonstrates something else – that the euro’s ‘one size fits all’ standard does not hold true. More and more economists are of the opinion that an expansive finance policy should be pursued. If we want to use it as a tool, we need many more individual economic policies than the euro will allow. ‘One size fits all’ will never fit anyone very well. It will always be a poor fit for everyone. Finally, I have to say to Mr Klinz – who said that we in Denmark would like to join the euro and that our currency is weak – that the Danish economy is as solid as a rock and that we have managed the financial crisis better than the average euro country."@en1
lpv:videoURI	<go to Events_and_structure europarl>2

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