Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-12-01-Speech-4-060-000"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2011-12-01"^^xsd:date2
dcterms:Is Part Of	lp_eu:ECB annual report for 2010 (debate)2
dcterms:Language	"el"^^xsd:language2
lpv:document identification number	"en.20111201.3.4-060-000"2
lpv:hasSubsequent	lp_eu:2011-12-01-Speech-4-061-0002
lpv:speaker	lp:Anni Podimata2
lpv:spokenAs	vice-president; European Parliament (2011-07-05--2012-01-16)3 member; S&D (2009-07-14--2014-06-30)3 vice-chair; ITRE (2009-07-16--2012-01-18)3 substitute; Delegation to the ACP-EU Joint Parliamentary Assembly (2009-09-17--2014-06-30)3 member; Parliament's Bureau (2011-07-05--2012-01-16)3 member; Delegation to the EU-Former Yugoslav Republic of Macedonia Joint Parliamentary Committee (2009-09-16--2014-06-30)3 substitute; Delegation for relations with the People's Republic of China (2009-09-16--2014-06-30)3 unknown; Panhellenic Socialist Movement (2009-07-14--2014-06-30)3 member; ECON (2010-01-20--2012-01-18)3
lpv:translated text	"Mr President, in Mr Tremosa i Balcells’ report, the European Parliament fully acknowledges that the European Central Bank has played an active and decisive role throughout the crisis, since turmoil broke out on the financial markets in 2007 and 2008, up to the point, of course, when it intervened in the secondary government bond markets in the euro area. Nonetheless, we know and you know that, as the crisis developed, it was not contained and has now become systemic and, of course, it is obvious that this is not the responsibility of the European Central Bank. As the European Parliament has systematically and repeatedly pointed out, the spread and propagation of the crisis was the result of hesitation and indecisiveness and delays in taking and applying the right decisions, primarily at political level by the governments of the Member States. Mr President, yesterday’s decision by the European Central Bank to which you referred, to coordinate its action at global level with the five biggest central banks in order to increase liquidity in the global financial system, doubtless has a positive dimension. It is a decision that will have beneficial results, temporarily. We all know that an immediate, effective, global response to the crisis is needed, a response that goes beyond and combines with the rules of stricter fiscal prudence to which you referred, in a new fiscal compact, as you called it. As other Members have said, we absolutely respect the independence of the European Central Bank which, however, apart from price stability, is the guardian of the euro, the common currency, and it is primarily this role that you are urgently being called upon to play. You know and we know that there is no way out of the crisis without a stronger role for the European Central Bank. It is, of course, up to you and the executive officer of the European Central Bank to consider all the proposals and to decide how."@en1
lpv:videoURI	<go to Events_and_structure europarl>2

Named graphs describing this resource:

The resource appears as object in 2 triples

Context graph