Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-11-23-Speech-2-285"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2010-11-23"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"pl"^^xsd:language2
lpv:document identification number	"en.20101123.33.2-285"2
lpv:hasSubsequent	lp_eu:2010-11-23-Speech-2-2862
lpv:speaker	lp:Czesław Adam Siekierski2
lpv:spokenAs	member; Special committee on the policy challenges and budgetary resources for a sustainable European Union after 2013 (2010-06-17--2011-06-30)3 member; EPP (2009-07-14--2014-06-30)3 substitute; Delegation for relations with the United States (2009-09-16--2014-06-30)3 unknown; Polskie Stronnictwo Ludowe (2009-07-14--2014-06-30)3 member; AGRI (2009-07-16--2012-01-18)3 substitute; CONT (2009-07-16--2012-01-18)3 substitute; REGI (2009-07-16--2012-01-18)3 member; Delegation for relations with the People's Republic of China (2009-09-16--2014-06-30)3
lpv:translated text	"Recently, the work of the European Central Bank has focused on fighting the financial crisis and on attempts at rebuilding the stability of economic and monetary union. Coping with the effects of such a serious crisis requires individual countries to adopt a new model of economic governance. The European Central Bank should support measures leading to the recovery of budgetary balance by encouraging the repayment of existing loans instead of extending new loans to economies which are heavily in debt. The financial crisis in individual Member States of the European Union represents a significant threat to the stability of the euro. It also shows the deficiencies in the operation of the euro area and draws attention to the need for reform and more effective economic consolidation in the countries of the Union. Care should also be taken to develop preventative mechanisms in the event of a worsening of the present crisis or if it should move into a new phase. The European Union and the euro area can even emerge from the crisis stronger than they were, but we must draw the proper conclusions from the experiences of recent months. I am convinced that the role of the European Central Bank and of the governments of individual EU Member States will be crucial in this process."@en1

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