Debates of the European Parliament

Question No 2 by Mr Pierrôs

Blind people sometimes develop a compensatory ability to sense how close objects are around them.

The welfare state s Achilles heel was that it required a high level of taxation without stimulating a compensating investment in innovative capacity.

Those participating NCBs whose percentage share in the adjusted capital key increases due to the adjustment should therefore effect a compensatory transfer to the ECB , while the ECB should effect a compensatory transfer to those participating NCBs whose percentage share in the adjusted capital key decreases . Article 2 Contribution to the ECB 's reserves and provisions

Those participating NCBs whose percentage shares in the adjusted capital key increase due to the adjustment should therefore effect a compensatory transfer to the ECB , while the ECB should effect a compensatory transfer to those participating NCBs whose percentage shares in the adjusted capital key decrease .

Those participating NCBs whose claims increase due to the expansion of the capital key on 1 January 2007 should therefore effect a compensatory transfer to the ECB , while the ECB should effect a compensatory transfer to those participating NCBs whose claims decrease due to this expansion .

We are all aware of what happened over a two month period.

increases due to the abovementioned adjustments should also effect a compensatory transfer to those participating NCBs whose relative share decreases .

How are you going to maintain Community preference and its unrivalled mechanism, the variable levy, when you have already agreed to deprive it of its effect by essentially making it subject to a system of tariffs ?

WYNN (S). Mr Pierros' question and his supplementary are quite right and reflect the views of a lot of Members of this House about the lack of a comprehensive energy policy.

The Single Act did not in any way alter this situation.

Similarly, two weeks ago, in the course of the Notenboom procedure, the 1990 budget surplus to be carried forward as revenue into 1991 was estimated at ECU 1.2 billion, as against 1.3 billion in the draft budget.

They probably contemplate with barely disguised pleasure the difficulties currently encountered by the US in Iraq and elsewhere, but they do not feel any sense of a compensating responsibility for global stability.

What kind of official status fails to recognize either its use in meetings of the Community in Catalan speaking territory or its possible use in the Plenary ?

The Commission has always acknowledged that a strengthening of checks at the Community's external frontiers is a necessary measure to make up for the elimination of checks on individuals at internal frontiers.

In violating the legal basis in this way, has the Council simply got its sums wrong or is it trying to demonstrate its obstinate determination to continue to collect the special temporary levy beyond its term of validity which expires on 30 June 1991 ?

The abolition of the coresponsibility levy on cereal surpluses which Portugal has not been instrumental in building up but rather in reducing, since it is a large scale importer

VITALONE. (IT) Mr President, I do not seek to shift on to other shoulders any responsibilities that might be the Council's and President Delors will not accuse me of this but we are dealing with one of the specific responsibilities of the Commission in regard to which the Council obviously cannot intetfere.

In conclusion, we should just recall that it is up to the Intergovernmental Conference to draw up its own agenda.

On this point I shall only emphasize that, in two important passages in that resolution, the Council emphasized that the aim of any energy policy was to make available to consumers, on satisfactory economic terms, sufficient and safe supplies of energy, and at the same time to establish the essential conditions for the existence of competitive systems, and to allow the economy to grow and that, apart from short term fluctuations that the energy market may experience, our

VITALONE. (IT) The treaties setting up the European Community do not contain any dispositions that refer explicitly to the creation of a Community policy for energy as a whole.

With regard to major international events, to mention only German unification and the Gulf crisis, the budget does not enter specific amounts since these will be the subject of the revision of the financial perspectives that will have to be approved at the second reading, as requested by the Committees on Budgets on a proposal from Mr Lamassoure.

Factors that account for the budgetary deterioration are the working of automatic stabilisers in the context of the slowdown in economic activity and the implementation of major tax cuts in some euro area countries without sufficient offsetting expenditure restraint .

Those participating NCBs whose claims increase due to the expansion of the capital key on 1 May 2004 should there fore effect a compensatory transfer to the ECB , while the ECB should effect a compensatory transfer to those partici pating NCBs whose claims decrease due to this expansion .

The introduction of agricultural stabilizers in 1988 made these provisions even more drastic. Added to this situation were the new events which made the prospective framework more nebulous I am referring to the question of the unification of Germany and its repercussions on the development of the EEC, especially in the agriculture sector.

In accordance with the general principles of fairness , equal treatment and the protection of legitimate expectations underlying the Statute , those participating NCBs whose relative share in the ECB 's accumulated equity value increases due to the abovementioned adjustments should

4. Urges Governments and invites international financial institutions to continue to assess the effectiveness of the systems for compensatory financing of export earnings shortfalls, and in this regard stresses the importance of empowering developing country commodity producers to insure themselves against risk, including natural disasters

Mr President, the Community cannot speak credibly about implementing the princples of the United nations, by all possible means indeed, and at the same time reward Turkey with economic aid, without at least reminding Turkey that it stands condemned for failure to abide by similar decisions of the Security council, and even decisions by the Community itself.

No 3 397 197 maintained at second reading of the budget the amount corresponding to the revenue from a 12 month levy for the financial year in question.

In accordance with the general principles of fairness , equal treatment and the protection of legitimate expec tations underlying the ESCB Statute , those participating NCBs whose relative share in the ECB 's accumulated equity value increases due to the abovementioned adjustments should also effect a compensatory transfer to those participating NCBs whose relative shares decrease .

9. Urges Governments and invites international financial institutions to continue to assess the effectiveness, including the operationalization and user friendliness, of the systems for compensatory financing of export earnings shortfalls, and in this regard stresses the importance of empowering developing country commodity producers to insure themselves against risk, including natural disasters

The Council would remind the honourable Member that, at the time of its first reading of the draft 1991 budget, it stated in its explanatory memorandum forwarded to the Parliament that the amount entered in Article 402 'Proceeds of the special levy' had been calculated in accordance with legislation at present in force, without prejudice to legislative provisions coming into effect from 1 July 1991.