Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-09-15-Speech-2-176"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2009-09-15"^^xsd:date2
dcterms:Is Part Of	lp_eu:Statement by the President-designate of the Commission (debate)2
dcterms:Language	"lv"^^xsd:language2
lpv:document identification number	"en.20090915.18.2-176"2
lpv:hasSubsequent	lp_eu:2009-09-15-Speech-2-1772
lpv:speaker	lp:Roberts Zīle2
lpv:spokenAs	member; TRAN (2009-07-16--2012-01-18)3 member_of_the_bureau; PECH (2009-07-16--2014-06-30)3 substitute; ITRE (2009-07-21--2012-01-18)3 unknown; Tēvzemei un Brīvībai/LNNK (2009-07-14--2014-06-30)3
lpv:translated text	"Thank you, Mr President, Mr Barroso, for years, some of the smaller new Member States had already maintained a fixed exchange rate for their national currency against the euro before joining the European Union. This allowed the European Union financial sector to invest most profitably in those countries. However, at this time of crisis, for these countries to preserve this strict exchange rate results in a socially dramatic devaluation of people’s incomes and in speculative attacks on the foreign currency reserves of those countries’ central banks. This costs both their citizens and the European Commission, as the lender of this money, dear. A speedier introduction of the euro in these countries would reduce these costs and create stability. That is why, Mr Barroso, I should like to see you promote an application of the Maastricht criteria appropriate to these times of crisis with as much zeal as you defend the Treaty of Lisbon. Thank you."@en1
lpv:videoURI	<go to Events_and_structure europarl>2

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