Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-05-22-Speech-2-297-562"

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"I supported this report, as I believed it was important for the Commission to carry out an impact assessment concerning the possible introduction of EUR 1 and EUR 2 banknotes. In many Member States in the euro area, where people’s average wages are significantly lower than the EU average, the potential introduction of these banknotes deserves to be examined more closely. One argument against euro coins is the literally massive weight of our wallets, as if we were still living in the Middle Ages. Of course, EUR 1 and EUR 2 banknotes are spent more quickly, but I would support the introduction of EUR 1 and EUR 2 banknotes if the Commission’s impact assessment has a positive result; i.e., if it would be less expensive to use paper money than coins, and this would have a positive influence on Europe’s tourism economy."@en1

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