Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-12-01-Speech-4-283-000"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2011-12-01"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"el"^^xsd:language2
lpv:document identification number	"en.20111201.35.4-283-000"2
lpv:hasSubsequent	lp_eu:2011-12-01-Speech-4-284-3752
lpv:speaker	lp:Georgios Papanikolaou2
lpv:spokenAs	vice-chair; Delegation to the EU-Chile Joint Parliamentary Committee (2009-10-06--2014-06-30)3,3 substitute; CULT (2009-07-16--2012-01-18)3,3 member; Delegation to the Euro-Latin American Parliamentary Assembly (2009-09-16--2014-06-30)3,3 member; LIBE (2009-07-16--2012-01-18)3,3 substitute; Delegation to the ACP-EU Joint Parliamentary Assembly (2009-09-16--2014-06-30)3,3 member; EPP (2009-07-14--2014-06-30)3,3 unknown; Nea Demokratia (2009-07-14--2014-06-30)3,3
lpv:translated text	"The intervention by the ECB in the secondary bond market was undoubtedly important, but it no longer suffices. The ECB is being called upon to take action, insofar as action is necessary, in order to give the Member States access to liquidity. Yesterday’s decision by the biggest central banks in the world to relax their harsh monetary policy is another step in the same direction; however, the next few days will be crucial. The ECB has to play its part in efforts to resolve the crisis in the euro area. With the rise in borrowing rates in countries referred to as the ‘hard core’ of the euro, such as Italy, the ECB may have an appeasing function on the money markets. The report, which I supported, outlines this need and notes the importance of bolder decisions, in the hope that next year’s ECB report will contain more optimistic messages for the European economy."@en1

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