Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-01-20-Speech-4-253-500"

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"en.20110120.14.4-253-500"2
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"The Report on Competition Policy is an important document, emphasising that in times of crisis, it is essential not only to ensure financial stability and re-establish credit flows, but we must also guarantee, in particular, that all the conditions and verification and control mechanisms are in place for the markets to operate efficiently. On the other hand, in such circumstances, competition rules must be applied flexibly when necessary, without compromising on the principles which the policies in this area are based on. We must not forget that during the crisis, quite a few voices have been heard calling for the introduction of protectionist policies, which would only serve to deepen and prolong the crisis. Competition policy is a key instrument enabling the EU to have a dynamic, efficient and innovative internal market, which is globally competitive. This is why the observations and recommendations made by the report on sector policies in this area are welcome, as are those concerning the scope and destination of State aid."@en1

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