Traduction de «Dépréciation monétaire » (Français → Anglais) :

26. Underlines the fact that, whilst the EU has a balanced current account and does not contribute to global imbalances, it would be strongly affected by a disorderly correction of imbalances through a depreciation of the US dollar; notes that the EU must coordinate its polices on trade and currency imbalances closely with the USA with a view to avoiding a rapid depreciation of the dollar; urges the USA, as well as major world actors, to ensure that currency management becomes a multilateral endeavour involving all major world currencies; welcomes the fact that indicators for global imbalances have been announced, and calls for such i ...[+++]ndicators to be taken fully into account in the formulation of macro-economic policies;

26. Underlines the fact that, whilst the EU has a balanced current account and does not contribute to global imbalances, it would be strongly affected by a disorderly correction of imbalances through a depreciation of the US dollar; notes that the EU must coordinate its polices on trade and currency imbalances closely with the USA with a view to avoiding a rapid depreciation of the dollar; urges the USA, as well as major world actors, to ensure that currency management becomes a multilateral endeavour involving all major world currencies; welcomes the fact that indicators for global imbalances have been announced, and calls for such i ...[+++]ndicators to be taken fully into account in the formulation of macro-economic policies;

Furthermore, other important factors contribute to inflation's perseverance; an accommodating monetary policy and a steady, but now slowing, depreciation of the currency, in particular, add to inflation inertia.

The alignment of our foreign policy with that of the United States, the depreciation of the euro as a currency and the increase in taxation due to pressure from green campaigners are the three causes of the increase, which we deplore but for which our institutions bear a very heavy responsibility.

The International Monetary Fund (IMF) reminds us that from 1975 to 2000 the world has gone through some 120 monetary crises, defined as depreciation of a currency by more than 25% in the course of a year.

29. Deeply regrets the tension created by the former German Finance Minister between his country and the ECB, thus casting doubts both on the independence of the Central Bank and on its prime objective which is monetary stability, thus weakening the Monetary Union in the crucial first weeks of its introduction and prompting the first depreciations of the euro;