Local view for "http://purl.org/linkedpolitics/eu/plenary/2004-10-27-Speech-3-017"

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"en.20041027.3.3-017"2
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"Mr President, Mr Nicolaï, Commissioner, at the EU summit in November the German Chancellor will put forward proposals for the full liberalisation of the EU energy market by 2007, as well as for the creation of a European system for monitoring financial markets and for the harmonisation of the principles of financial transactions in the 25 Member States. Another of Mr Schröder’s proposals is the consolidation of the European armaments market. In this context, I should like to quote the French proverb ‘grasp all, lose all’. It might be better to have fewer plans, but for those plans to be more realistic. What is genuinely disturbing, however, is Mr Schröder’s proposal to harmonise the corporate tax base in the EU. This project, details of which were revealed in an article in yesterday’s edition of the German business daily is supposed to be completed in 2006, and will result in tax bands being implemented in the EU, following the example of the VAT system. Does this really have anything to do with competitiveness, one of the European Union’s watchwords? It certainly does not. Instead, it fits in with the latest proposals put forward by the French Finance Minister, Mr Sarkozy, the implementation of which would be a particular blow to the economies of the new Member States. We will not agree to this."@en1

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