Local view for "http://purl.org/linkedpolitics/eu/plenary/2006-11-14-Speech-2-217"
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"en.20061114.36.2-217"2
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"Mr President, the Commission will review the operation of the single market, and about time too. I hope that the Commission will read the report by the
a high-powered economic committee of the French Government chaired by Prime Minister Dominique de Villepin. That report says ‘economic integration has stagnated and no longer promotes growth’. It says that the euro’s creation has not produced the knock-on benefits expected. Then it gets serious: ‘We are convinced that the situation we describe is perilous’. It says that poor economic performance is driving away investment and damaging employment and social provision and it speaks of ‘a manifest exhaustion with Community procedures threatening to trigger a vicious circle which will unravel the
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I hope the Commission will note the estimate by its own Vice-President, Günter Verheugen, who says that the costs of excessive regulation in the single market amount to EUR 600 billion a year. That is nearly four times the Commission’s own estimate of the trade benefits from the single market.
In a recent UK study of more than 1000 CEOs commissioned by the think-tank Open Europe, a clear majority felt that the EU was doing more harm than good and that Britain should renegotiate its relationship with Europe to something more like a free- trade deal. The position is very clear: Europe’s share of world trade is shrinking fast. Membership is costing far more than any benefits it offers. EU regulation and the EU social model are doing huge economic damage. The EU is making us poorer and less democratic and less free – and we have had enough of it!"@en1
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"Conseil d’Analyse Economique"1
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