Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-01-20-Speech-4-041-000"
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"en.20110120.3.4-041-000"2
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"Mr President, the authors of the resolution under discussion rightly observe that the economic crisis was an exceptional challenge for EU competition policy. National and political interests were repeatedly victorious, not only over the rules of the free market, but also over common sense. The major economic crisis, the effects of which are still being felt to this day in the countries of Europe, was a significant determinant of competition policy in 2009. It was a period which saw the use of mechanisms and instruments whose main objective was to help troubled financial institutions as well as some large enterprises, and not to uphold the rules of a market economy, and the worst effects of this were felt by small and medium-sized enterprises.
Will what was done be effective in the long term? Only now are we finding out. Therefore, we should call on the Commission to prepare credible analyses which show the effect of this aid on the economy. This will not only allow an evaluation of what was done, but will also enable a rapid and effective reaction to similar threats in the future."@en1
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