Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-09-25-Speech-4-175"

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"en.20080925.17.4-175"2
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"Continued increases in the price of oil is leading to major concerns as regards the impact of this phenomenon on economic growth within the EU, and in particular as regards its negative effect on consumer purchasing power and the quality of life. EU foreign policy is crucial in this regard. Since the EU economy still depends to a significant extent on energy imports, it is necessary to institute a common energy policy based on the principle of solidarity, security and diversification of sources and external supply routes. In my capacity as rapporteur on regional cooperation in the Black Sea area, I have constantly stressed the importance and urgency of these actions. Today, however, I urge the Commission and the Council to bring forward concrete measures to reduce EU energy dependence in the immediate future. My appeal concerns not only oil imports, but also gas imports, and includes the implementation of the Nabucco project."@en1

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