Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-06-18-Speech-1-179"
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"en.20070618.17.1-179"2
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"Madam President, Commissioner, in my speech I plan to use the so-called case method, that is to say, I am going to try to draw conclusions from a single specific event that may be applicable in a general sense.
As the honourable Member knows, on several occasions I have concerned myself with the issue of the takeover bids that have taken place in Spain against the Endesa electricity company. My fellow Member from the Group of the Alliance of Liberals and Democrats for Europe has referred to national champions and I believe that this case fits perfectly within that context.
As you know, the current Spanish Government did everything it could to prevent a German company, E.ON, from acquiring a stake in Endesa, and that conduct has already led the Commission to open up two procedures. One against the general decision empowering a particular committee to lay down specific conditions, and the other relating to those specific conditions. The Commissioner is perfectly aware of what I am talking about.
Then a stake in Endesa was acquired by an Italian company, which is partly public, incidentally. I put a question to the Commissioner and received a reply today in which she says that the restrictions to the right to vote laid down by the Spanish Government are being investigated.
The third chapter in this case is that the person responsible, the President of the National Energy Commission, the Spanish regulatory body, appointed by the Socialist Government, has handed in his resignation to that same Socialist Government, in protest against what he considers to be violations of his independence. That is what he explained to the Spanish Parliament. Unfortunately, we have not been able to get him to explain it in this Parliament, although I have not given up hope that there will be full and open transparency here as well. I would like to know whether the Commissioner, the Commission, is worried about this issue that affects the proper operation of the entire European market, and is an issue for the whole of Europe, and which, if you will allow me, also affects legal security, the good name and good credit in the international markets of my country, and please believe me, Commissioner, that is what is of most concern to me.
I would like the Commissioner to tell me whether she has carried out any investigations, whether she intends to do so, whether she intends to address this problem with the Socialist government and whether she intends to carry out reforms with a view to combating it.
Thank you, Madam President, I have exceeded my speaking time somewhat because my spokesman, Mr Evans, has not been here and I felt that I could make use of his time; in any event I would like to thank you."@en1
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