natgillin/translations-raw huggingface dataset:
Det nytter ikke, at vi klager over virkningerne af den amerikanske økonomiske og monetære politik på vor økonomi, hvis vi selv ikke kan opvise den nødvendige politiske vilje, den nødvendige solidaritet inden for Fællesskabet, og den nødvendige almindelige fornuft til at bringe EMS'en videre til dens anden mere stabile fase. Der er imidlertid et lovende aspekt, som vokser næsten ubemærket i kulissen, og det er udviklingen af ECU'en.
But before taking up the substantive questions relating to the development of the European Monetary System and our international monetary relations, I would like to mention the recent monetary realignment, which incidentally provided the basis for the motion for a resolution tabled by Mr Bonaccini and others.
Jeg er enig med hr. Ortoli i, at vi må fjerne de juridiske hindringer og gøre det lettere at bruge ECU'en, men jeg håber, han vil blive dristigere, mere fantasifuld og mere slagkraftig i sin behandling af dette spørgsmål.
They are not the only means of action in this system, they are not the only way of lessening tensions or defusing difficult situations, but they are an integral part of the system.
Det siges, at Parlamentet ikke fører politik i stor udstrækning. Jeg mener, at en så ædel og retfærdig sag som spørgsmålet om sælunger langt tidligere burde være behandlet i Parlamentet.
There are other mechanisms which we must continue to use in order to ensure the development of internal policies in such a way as to avoid excessive tensions, and there are other techniques, one of which was mentioned by Mr Bonaccini — that of interventions within the margins — which, like that of interventions at the limits of the currency band, can be used to fore stall such difficulties.
Formanden. — Vi tager Deres erklæring til efterretning, fru Gaiotti de Brase.
Of course, adjustment is an inevitable practice, but we must keep an eye on two factors which I think essential for the success of our system.
Den europæiske demokratiske gruppe har ordet.
We say that we want to create a zone of monetary stability.
Purvis. — (EN) Hr. formand, jeg beundrer virkelig hr. Bonaccinis vedvarende kamp for at holde os fast på EMS'en og den monetære integration måned efter måned.
That means that we must both avoid excessive recourse to realignments and, basically, avoid establishing de facto — while claiming to be involved in a mechanism to ensure stability — so-called sliding or stepped parities.
Jeg vil også gerne takke hr. Ortoli for den alvor, med hvilken han svarer på disse initiativer fra Parlamentet.
We must therefore avoid readiness to make small adjust ments for whatever reason.
Jeg mener, det i stadig højere grad bliver accepteret i dette Parlament, og måske uden for, at bevægelsen frem imod monetær integration er det væsentlige element i den fremtidige opbygning af Det europæiske Fællesskab i.alle dets aspekter.
I therefore think that the first lesson to be drawn is that we must avoid any laxity and avoid accumulation of tensions to the point where we end up with sliding parities or with what I have called a historic leap — a great leap.
Det er ikke blot monetær teori der peger i retning af dette, men også handel, økonomi og politik. Der er noget, vi kan gøre for at gøre dette mere opnåeligt.
But bearing in mind the present stage of convergence it is inevitable that at some times these parities — fixed but adjustable — need to be adjusted and this must be done when the basic conditions require it.
Der må være en låntager og en långiver i sidste instans. Der er behov for større adgang til en anvendelig valuta for transaktioner fra dag til dag med en rimelig sikkerhed for dens stabilitet og troværdighed.
In the particular case of the most recent realignment, and particularly with regard to Belgium, the intervention procedures, including the intramarginal intervention procedures, would almost certainly have been insufficient to solve the problem.
Der er intet, der kunne gøre mere for at give os den nye drivkraft, vi har så hårdt brug for til igen at få gang i opbygningen af Europa.
My second observation is this: we assumed that, at the time of realignment, accompanying measures would be taken — essentially internal adjustment measures consistent with the new exchange rate.
Vi kan være enige med hr. Ortoli i, at EMS'en giver stabilitet med fleksibilitet, men der er en risiko for, at denne fleksibilitet vil blive fremherskende. Vi aner kender de belgiske og danske problemer, og også at de ikke deltog i korrektionerne i oktober, men jo hyppigere ændringer, jo mindre troværdig bliver EMS'en, som den er for øjeblikket. Den er i usikker balance.
It is no secret that the Belgian economic situation is difficult, and that the country has a very sizeable budget deficit — significantly higher than 10% of the gross domestic product, i.e. very much higher than the Community average; it should also be borne in mind that the balance of payments deficit is higher than 6%, whereas the Community average is lower than 2% in
Dertil kræves en politisk viljeshandling, og det kræves, at man går ind for Det europæiske Fælles skab.
This clearly means that measures taken within the country must have the aim of maintaining this level of
Vor gruppe vil derfor støtte det meste af hr. Bonaccinis beslutning, da den forekommer os at være positiv, da den peger på vort eget ansvar og viser vejen frem. Fanti-beslutningen forekommer os at falde i den fælde, at den skyder skylden på andre.
the ECU within the system; we can make better use of the procedures for intervention within the margins, and in this context I can tell Mr Bonaccini and his colleagues that this is the viewpoint I myself shall defend.
Tiden er ved at udløbe. Der må ske fremskridt med EMS'en i dette forår, i denne måned.
There is some room for improvement of the system in this respect, but let us not exaggerate this first element at all.
Der må udfoldes virkelige bestræbelser for at skabe den nødvendige ramme, i hvilken ECU'en kan udvikle sig og komme til at spille sin fulde rolle for Europas udvikling.
I think that the strengthening of the mechanism is an important factor and that, while we have improvements to make, w; must not disregard the fact that the system has worked well.
I forbindelse med den belgiske holdning over for Luxembourg vil jeg gerne fremsætte følgende bemærkninger.
The third lesson to be drawn is that, because of our interdependence, about 10% of our gross domestic product is accounted for by trade among the Member States of the Community — a much higher percentage in the case of Belgium.
Belgien og Luxembourg har en monetær union, og det er derfor også rigtigt, at der forud for en anmodning om devaluering bør udveksles informationer og foretages høringer.
In addition, because of our joint monetary commitment we must ensure that devaluations or revaluations, when they take place, take account not only of the aspirations of a country and its ideas about how best to handle the operation, but also of common interests.
Man kan så senere argumentere for, at Luxembourg burde være med til at devaluere eller forlade den monetære union, men det var ikke noget virkeligt alternativ.
Personally, I am there fore pleased that we had a long discussion at the last Council of Ministers of Economic Affairs and Finance.
Den belgisk-luxembourgske økonomiske union er i øvrigt et slående bevis på, at det er meget vanskeligt at skabe en monetær enhed uden vidtgående økono misk integration og tilbundsgående drøftelser.
This meant that we were capable of seeking together a point of balance which would allow us to express as well as possible the interests of the countries which have devalued — Belgium, Luxembourg and Denmark — and those of other countries with similar problems who would obviously wish the exchange rates thus established to accord with the common interest.
Belgien kunne af økonomiske årsager ikke undgå et devaluere. Devalueringen var nødvendig for Belgien men ikke for Luxembourg, fordi det nu engang går bedre i Luxembourg.
For my part, I think this is one of the main contributions of the system, in a troubled world where we do not succeed in solving exchange rate problems satisfactorily.
De Gucht. — (NL) Hr. formand, EMS er et af Europa-Parlamentets kælebørn, men samtidig et af dets problembørn. Derfor drøfter vi da også dette spørgsmål regelmæssigt, for nylig i anledning af betænkningen af Purvis og nu i anledning af beslut ningsforslagene af Bonaccini og Fanti, som er udtryk for parlamentsmedlemmernes reaktioner på hen holdsvis devalueringen af den belgiske og luxembourgske frank og den danske krone samt den meget høje dollarkurs.
I think that is one of the points on which we should set ourselves three aims: firstly, we must ir a way confirm the status of the ECU; next, we must remove the legal obstacles to its use — this is one of the questions which the Commission raises and which I shall go into on Monday; finally, we must acknowledge that our common aim is that the ECU should gradually, in line with the market and without undue pretensions, become a reality on our European markets first of all — and this will perhaps create a problem of movement of capital on external markets at a certain stage.
Derfor mener jeg også, det må være på sin plads i mindre grad at gentage den generelle debat og snarere vurdere de pågældende begivenheder i lyset af en generel filosofi om den europæiske monetære enhed og større monetær stabilitet på verdensplan.
I therefore stress the idea of promoting the ECU, and the rôle of the ECU, no longer merely among central banks but externally, in the financial world. This is a point which I shall uphold very vigorously on Monday.
De nødvendige besparelser og nedskæringer kan næppe undgå at medføre en reduktion i den indenlandske efterspørgsel. Hvis man vil undgå at lande i en situa tion med stadig større deflationstendenser, må denne reduktion kompenseres af større udførsel.
But, as Mr Bonaccini and others stress, and as Mr Fanti, Mr Piquet and others stress in their motion for a resolution, there is a more important problem, on -which I shall briefly dwell to inform you of the position I shall take up on behalf of the Commission at the Council of Ministers.
Er den så »iscenesat« for at opnå en eksport fordel?
The third point concerns the consolidation of. convergence.
Det tror jeg ikke. Devalueringen er svaret på en fundamental uligevægt.
I cannot deal with this point in a few minutes, but I believe that the practice of convergences, even more than the regulation of convergence, must be intensified, particularly in terms of coordination of internal monetary policies.
Man kan vanskeligt påstå, at den belgiske devaluering er spekulativ, når den nationale bank i det forløbne år har måttet udbetale 310 mia for at støtte valutaen.
In monetary policy we already have one very important practice; we coordinate the aim of exchange rates very thoroughly through the European Monetary System; our figure of 225 already constitutes practical coordination of monetary policy according to one of the aims, namely the exchange rate.
Beslutningsforslaget af Bonaccini påpeger med rette en række farer, som truer EMS i anledning af den seneste tilpasning af centralkurserne, nemlig den mulighed, at dette giver signalet til en række stadig hurtigere på hinanden følgende konkurrerende devalueringer samt den fare, at der bliver slået skår i EMS's troværdighed.
First of all — and I do not stress this point, which is of a rather technical nature — the idea that the system has essentially worked very well: Of course, we know that the divergence of policies has made things more difficult, but the system itself has operated very well and has shown that these methods were in general satisfactory.
Der er derfor også udtrykke ligt fastlagt bestemmelser om muligheden for tilpasning af valutakurserne, og proceduren herfor ligger fast.
That does not mean that improvements cannot be made, and I think the time has come to discuss them, and particularly the function of the development of
Devalueringsprocenten på 8,5 % må efter min mening ses som en måling af graden af medlemsstaternes solidaritet over for Belgien i dette lands yderst vanskelige forsøg på at bringe orden i sagerne. Regeringen hænger i en meget tynd tråd.
I think that in the other two fields related to the volume of currency issued — the quantitative aspect, the targets, the monetary aggregates and the coordination of interest rate policies — there is scope for further action, and for my part I shall defend, as do the two motions for resolutions which I have looked at, the idea that organizing does not necessarily mean decreeing and regulating, but that organization must be consolidated.
Hr. formand, dette er muligt, men så må vi så hurtigt som muligt vise politisk vilje til at opgive vor nationalisme og føre en europæisk, virkelig europæisk strategi, internt såvel som eksternt.
I think the words 'economic policies' were used in Mr Bonaccini's motion for a resolution, and I wish to take them up.
Det er en banal bemærking, men det er dét, det i virkeligheden drejer sig om.
It must be a continuing debate and must therefore be much better organized.
Paulhan. — (FR) Hr. formand, mine damer og herrer, de europæiske fremskridtsdemokraters gruppe har altid ment, at Europa til løsningen af de alvorlige monetære problemer, vi beskæftiger os med i dag, har brug for effektive redskaber, der kan skabe nye bånd mellem medlemsstaterne. Den procedure for fælles skabslån, som hr. Ortoli beskriver er et af disse fællesskabsbånd, og vi går helt ind for det.
Mr Bonaccini. — (IT) Mr President, ladies and gentlemen, I have little to add to what has already been said, not only because I have not much time in which to speak, but also because I had the impression that Commissioner Ortoli essentially shared our view of the questions that we intended to raise in this House as general problems.
Anderledes forholder det sig med den danske krone, som har fået for vane at være med til hver eneste tilpasning inden for EMS.
The last point with which I shall deal — mentioned both by Mr Bonaccini and by Messrs Fanti and Piquet — concerns the relationship with external currencies.
Hvad Det europæiske monetære System angår, er det efter vor mening behæftet med alvorlige mangler, som viser sig i den nuværende situation.
I think it would be unreasonable not to realize that the problem is not only international, but clearly also a national one in each of our countries.
For det første Storbritanniens og Grækenlands manglende deltagelse.
The level of inflation is one of the explanations for high interest rates.
Man må her understrege det foruroligende spørgsmål om rentesatsernes stigning. Hvis vi vil fremad, må vi skabe en mere udtalt og mere effektiv harmoni og samhørighed i Fællesskabets Europa i forbindelse med disse rentesatser, både over for Washington og over for Tokyo, men dog med henblik på at komme overens med disse to lande.
What I might call budgetary demand, drawing on the available savings stock, is also an explanation of the tensions over interest rates, but like you I believe that a broader regularization of interest rate mechanisms, particularly those affecting the dominant monetary power — the USA — is a very important factor.
Det ville være en meget alvorlig fare, hvis man forsøgte at oprette en eller anden form for monetær socialisme, som på et eller andet tidspunkt sandsynligvis ville munde ud i en devaluering af valutaerne i Det europæiske monetære System i forhold til dollaren.
If the Member of the Commission here present will permit me, I should like to make the humble observation that while realigning parities is certainly part of the European Monetary System as it was originally conceived, there is no doubt that such realignments have no part in an overall strategy intended to deal with the structural problems of the economies of the countries concerned, as was stated in the Commis sion's communiqué of 22 February.
Det er altså ved at forsøge at finde en fællesskabsløsning og en fælles holdning i spørgsmålet om rentesatserne, og en rimeligt snæver tilknytning til dollarzonen og yenzonen, at vi måske kunne nå frem til at gøre Det europæiske monetære System perfekt og nå frem til en realistisk løsning. Dette er en uundværlig betingelse for, at Fællesskabet kan overleve.
For my part I hope that we may say clearly and calmly that these matters concern us also and that we there fore wish the dialogue — what I would call an 'organized' dialogue — really to take into account this set of problems, with regard to both exchange rates and interest rates.
Formanden. — Medlemmerne uden for grupperne har ordet.
That, then, is the Commission's position, and I trust that I have explained it within the allotted time.
De sammenfaldne synspunkter, der er blevet forelagt, og det forhold, at vi kan give de principper, næstformanden, hr. Ortoli har forelagt, vor fulde støtte, er af den største betydning, især i betragtning af, at rådet af finansministre skal mødes om nogle få dage, og at der skal indledes forhandlinger med De forenede
We need to improve the mechanism governing the lower fluctuation margin and other EMS mechanisms, just as we need to take due note of the threat of competitive devaluations.
Rent fundamentalt drejer det sig om en international arbejds fordeling, hvor der stadig er plads til et velhavende Europa.
I must say that, in spite of the Commissioner's soothing words and persuasive powers, the readjust ments of the exchange rates of the Luxembourg franc
Stater og Japan, formodentlig for at sikre en ny, stabiliserende monetær ordning.
we could consider adopting a concerted attitude which would lead to a lowering of interest rates in the ten countries of the Common Market.
Jeg ønsker at fremsætte to kommentarer. Den første er, som hr. Bonaccini har gjort opmærksom på, spørgsmålet om strukturproblemer, og tager sigte på at bringe alle de europæiske valutaer ind i Det europæiske monetære System.
I should like to conclude with a political comment, because we are in agreement with the remarks that have already been made as regards the rest of the question.
Jeg kunne tænke mig, i forbindelse med denne mulighed og denne taktik, at høre, hvad hr. Ortoli mener.
What I want to say is that this is our main concern.
Med hensyn til Fanti-betænkningen om rentesatserne kunne jeg godt tænke mig, at vi i denne henseende skulle indtage et mere objektivt standpunkt.
Clouds are gathering over Europe and over the process of European integration, and I do not think that it can have escaped the notice of any Member of this House that some of these clouds augur, or may augur, storms from which only the shattered wreck of the European ship of state may emerge.
Der er helt unødvendige agressioner over for De forenede Stater.
My question is therefore this: is it possible to go further?
Vi har i fuldt så høj grad skylden for, at rentesatserne stiger.
I myself think that the Council should take a political decision along these lines.
Stigningen i rentesatserne i Europa gik for øvrigt historisk set forud for den i De forenede Stater.
Are the Ten really unable to adopt a firm attitude on these international monetary questions, parti cularly in relation to the United States?
Vi er følgelig nok indforstået med tanken om at få en så høj grad af samråd som muligt med henblik på en samordning af rentesatsernes og vekselkursernes bevægelser på det internationale plan, men vi tager i lige så høj grad forbehold over for den aggresive og krigeriske holdning, man ønsker at lægge i dette forslag.
In conclusion, although it is up to each Member State to define its own policy options in all fields, I still think that European cooperation in this field is an additional dimension, which is indeed essential for the success of a constructive policy.
Derfor vil vi kun stemme for det, hvis det bliver ændret.
That is why, like Mr Ortoli, I hope that the Council will take decisions tomorrow in this spirit.
Den anden kommentar er følgende: kan hr. Ortoli oplyse os om, hvad der skulle være de dominerende træk i en forhandling med De forenede Stater med henblik på indgåelse af en aftale med De forenede Stater om spørgsmålet om valutakurserne og rentesatserne? Dette kunne føre til et specifikt resultat af den største politiske vigtighed, som vor forhandling her til morgen og vort Parlament virkelig vil have bidraget til.
For this reason, we lay particular emphasis, on the eve of the European Council meeting, on the need for the Commission to adopt an absolutely firm attitude and for Parliament to speak with the broadest possible majority, so that it can contribute in this vital area to bridging the rapidly widening rift between the peoples of Europe, who are little aware of the reason why these things are happening or of our powers of decision. sion.
Herman. — (FR) Hr. formand, kære kolleger, hvis man vil fælde dom over de sidste korrektioner inden for EMS'en, må man gøre sig klart, at konvergensen i den økonomiske politik langtfra er sikret, og at inflationsraterne varierer fra en grundrate og helt op til det tredobbelte, ja endog det firedobbelte, alt efter, hvilket land vi beskæftiger os med. Man må også forestille sig, hvad situationen ville være uden EMS'en, og prøve at huske på devalueringerne før krigen, hvor man kom ud for devalueringer på 30 eller 40 %.
Mr. Moreau. — (FR) Mr President, ladies and gentlemen, I am pleased that we are able to have this debate in Parliament after the decision to readjust the Belgian and Danish currencies.
Eftersom vi ikke har en overnational monetær myndighed, der i sig selv er utænkelig uden væsentlige fremskridt i retning af den politiske union, er det illusorisk at håbe på at EMS'en ikke fra tid til anden skal komme ud for korrektioner.
I think that nobody in our Parliament disputes that the high exchange rate for the dollar, and even more so, the interest rates in force in the United States, are having a direct effect on the economies of the Community countries.
Hr. Bonaccini, De gør tegn til mig om, at De er enig, og det glæder jeg mig over, men jeg er ikke helt enig i det, De er gået ud fra i Deres forslag.
Everyone acknowledges that this situation is damaging to the countries which wish in practice to follow a policy of economic revival and a policy of investment to create jobs.
Men man må også undgå den anden yderlighed, som er en devaluering »i kædetræk«, som den, Danmark og andre praktiserer i øjeblikket.
But neither France, nor any other of the Ten, can accept the consequences of American policy without reacting. That is why I think
Følgelig er jeg, selv om jeg går helt ind for Deres mål, nemlig at favorisere den monetære integration og styrke EMS'en ikke helt enig i den diagnose, De gav af den sidste korrektion.
And I would like to express regret at the fact that, even though we are being informed of developments today, we still have not been associated with the taking of the decision.
Vi vil derfor stemme for indholdet i Deres betænkning, men ikke for begrundelsen. delsen.
I am very well aware that these matters are very delicate, but it seems to me that on questions of this kind it would be desirable for us to have debates both in the Committee on Economic and Monetary Affairs and, in an appropriate form, in Parliament.
Den metode, som her anvendes af styret i form af et lovforslag vedrørende vedtægterne for de politiske partier, er på ingen måde forskellig fra de klassiske diktatoriske metoder og til formål at bevare det velkendte fåmandsvælde ved magten.
I am well aware that the present obstacles to strengthening the EMS and strengthening monetary policy at Community level are not, strictly speaking, institutional obstacles but that our difficulties arise from the delicate situation of our economies.
For det andet har vi, som jeg har sagt i de forskellige udvalg og over for Rådet, som jeg vil bekræfte det på mandag, indtaget holdninger, som er helt på linje med det, der er blevet sagt her. Det er jeg personligt glad for.
However, in our view, it is nonetheless still true that there does not appear to be in the Council enough political will to consolidate the system and take the first steps for the transition to the second stage.