Local view for "http://purl.org/linkedpolitics/eu/plenary/2002-03-12-Speech-2-080"

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"en.20020312.4.2-080"2
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"Mr President, the purpose of the amendments under consideration is to liberalise the market across the board, including distribution, including down to the final user. The stated aim is to encourage business activities in a sector which until recently, because it was under state control, was closed to the private sector. The transmission systems are, to all intents and purposes, administered by government agencies which only have to break even, while the private companies which use them will pitch their prices so that they can reap the maximum possible profit. This is just one example of the favours being done to the private sector. In Greece, the Public Power Corporation is forced to buy electricity at a loss from private companies, just so that they can enter the market. Liberalisation ignores social requirements, such as supplying electricity to islands and other inaccessible areas, and is causing obvious difficulties with long-term planning. The argument that prices are falling does not stand up, given that the fully liberalised markets in Germany and the United Kingdom charge consistently higher prices than the partially liberalised Greek market. The fact that the amendments increase the intervention of the European Commission is also a very serious matter. To sum up, the only ones who stand to gain from the new arrangements are the large monopolies, which will penetrate the markets still further, with the help of the regulation on cross-border transactions."@en1

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