Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-03-12-Speech-3-370"
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"en.20080312.24.3-370"2
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"Mr President, I should like to draw attention to three issues. Firstly, it seems that the price of oil will not fall below USD 100 per barrel in the future, which will result in a continuous rise in the price of fuel. It is only thanks to the weakness of the American dollar that drastic rises in fuel prices in Europe have been avoided. We cannot, however, expect the United States to wish its currency to be weak forever. In the light of this situation, the proposal to increase excise duty rates in the European Union over the coming years seems to take no account whatsoever of economic reality.
Secondly
GDP in the new Member States is lower than in the older ones, as is the level of personal income. It will therefore only be possible for the new Member States to harmonise the tax burden once a comparable level of personal income has been attained.
Finally, pursuant to the principle of subsidiarity, the Member States should enjoy greater freedom as regards reducing the tax burden on fuels that are not derived from oil. Such measures would stimulate interest in the use of renewable fuels. They would also help us to reduce CO
emissions and to fulfil our international obligations regarding environmental protection."@en1
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"2"1
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