Local view for "http://purl.org/linkedpolitics/eu/plenary/2006-03-15-Speech-3-288"
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"en.20060315.23.3-288"2
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"Mr President, I am going to take notice of my compatriot Sánchez Presedo and talk about the takeover bids – plural – for the company, Endesa.
What has the Spanish Socialist Government done in this case? Firstly, it has systematically occupied all of the regulatory bodies and the Competition Court. For the first time in the history of Spanish democracy, the three are presided over by persons of known political affiliation.
Secondly, it has blatantly supported a particular takeover bid for Endesa, to the extent that the Council of Ministers approved it contrary to the opinion-report of the Competition Court.
Thirdly, it has built a wall − repeated today by the Minister for the Economy and the Minister for Industry − to prevent the takeover bid by another Community company.
To the Prime Minister’s cry of ‘they shall not pass’, the Minister for Industry deployed all of his ‘weapons of mass obstruction’ to the point of changing the rules of the game in the middle of the match − which incidentally had to be rectified during the stage between the Cabinet and the Official State Bulletin − turning Spain into a kind of banana republic in which legal certainty is trampled upon.
If we are to talk about economic patriotism, what Spain needs in order to continue growing and creating employment is more competition rather than more protectionism, more liberalism rather than political interference or haggling, more energy security, which means integration into Europe, rather than continuing to be an island where energy is concerned.
I would ask the Commission, firstly, to clear up the political doubts surrounding these operations. As soon as the takeover bid took place, I asked the Commissioner to seek a resolution of the issue, because I warned her of the political risks involved in that bid. She did not wish to do so, and that has brought us to where we are today.
Secondly, I would ask that the application of the competition rules as they stand be guaranteed. Thirdly, as she has said, I would ask for integration into a common market, which will be the only way to ensure energy sufficiency and cheap energy and into an internal market, which is what we want to see. That is Spanish patriotism and it is also European patriotism."@en1
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