Local view for "http://purl.org/linkedpolitics/eu/plenary/2003-12-15-Speech-1-074"
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"en.20031215.7.1-074"2
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"Mr President, a short while ago the issue of takeover bids at European level showed, with some degree of sensation, two of the main problems of European integration. First of all, the blind submission of the Commission in Brussels to the demands of the financial markets to the detriment, most of the time, of the European Union’s economic, industrial and even financial interests. The Commission became renowned in many ways, last year, for this waywardness. Then, the dominant position granted to Germany in this Parliament, of which we have been able to measure the effectiveness, since the whole of the German representation voted along the same lines.
As the much loved saying goes, you should choose the lesser of two evils. Subject to Member States’ law being preserved, in particular by Article 5, we will vote in favour of the new draft regulation."@en1
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