Local view for "http://purl.org/linkedpolitics/eu/plenary/2006-03-15-Speech-3-276"

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"en.20060315.23.3-276"2
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". Mr President, I fully understand the anger of Italy and Spain at what I would call German-French energy imperialism in Europe. It is the German and French economies that pay the highest price for it. Austria has electricity and gas prices that are 20% lower than those in Germany because it has lower grid costs and because it has more competition in its market than the German market has. The answer to what has happened over the past weeks, Mrs Kroes and Mr Barroso, is not European champions. European energy champions would squeeze out even more money from our major industry and consumers, and from us as citizens, and pass it on to the shareholders. So the only answer is to have competitive markets, which have to be enforced by strong and independent regulators, strong competition authorities and full ownership unbundling."@en1
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