Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-03-12-Speech-3-372"

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"Mr President, it would appear that a single market, along with free movement of goods and services equates to full competitiveness. This is not quite the case, though, as the cost of the means of production, which includes the cost of fuel, has a significant impact on the profitability of production. In fact, at present the taxes on fuel differ even between neighbouring countries, giving rise to so-called fuel tourism in border regions. This activity is not very widespread, however. It appears reasonable to approximate the rates of excise duty, but the process should be slow and be spread over many stages. Harmonisation of the minimum excise duty rates for diesel fuel and unleaded petrol should also be staggered. We should be guided by the general principle of striving to ensure that taxes and excise duties on fuel are kept as low as possible, to avoid driving up inflation and production costs and increasing household expenditure. This is particularly relevant in relation to the new Member States, where earnings are significantly lower."@en1

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