Local view for "http://purl.org/linkedpolitics/eu/plenary/2006-12-11-Speech-1-105"
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"en.20061211.14.1-105"2
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"It appears, then, that REACH is a done deal. Instead of concentrating on innovation, our businesses will now have to wade through a dense, 600-page regulation. Europe as a whole has once again moved towards lower competitiveness, so that here in Parliament we can once again moan about the failure of the Lisbon Agenda. Any competitor from a country not covered by the ridiculously named REACH will now find it even easier to compete with regulation-burdened Europe. REACH is a gift to our competitors. It is also a gift – and a rather expensive one – within the EU for the large companies and for the larger, wealthier countries. Whereas the costs entailed by the regulation can be borne by giant German companies, they will wipe out medium-sized businesses in the Czech Republic, for which the costs will exceed their average profits. Even though SMEs employ some 80% of the population, they will be destroyed by REACH, especially in the new Member States. REACH will thus become a sophisticated weapon in the competitive struggle within the EU and an instrument with which the big and wealthy will be able to dominate the small and poor. Hence the sudden, oh-so touching agreement on this pathetic regulation."@en1
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