Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-02-02-Speech-4-367-093"

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"en.20120202.31.4-367-093"2
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"I voted in favour of the Schwab report because I think that support should still be given to removing the barriers to trade in the EU progressively. It is vital to maintain a level playing field on the financial and industrial markets. An effective policy in this area will help make the EU more competitive globally. The distortions caused during the crisis need to be remedied. State aid must not be used to distort competition. I should stress that the excessive provision of aid has resulted in imbalances in public finances. At the same time, illegal practices and the abuse of a dominant position must be eliminated from the credit rating agency sector. I urge the Commission to actively monitor competition in the energy sector. I should point out that the three biggest operators in this sector account for roughly 75% of the electricity market."@en1

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