Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-02-02-Speech-4-368-000"
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"en.20120202.31.4-368-000"2
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"This report underlines the importance of EU competition policy for preserving the single market. It advocates the market moving forward and competition for the services, energy and transport sectors
. It advocates the abolition of ‘obstacles to the free movement of goods, services, persons and capital’. We know what the result of this free, otherwise known as liberalised, movement of capital has been.
The Member States with weaker economies and their people are now really feeling the effects of the speculation on and extortion of resources and capital flight caused by this ‘free movement’. We also know the effects of ‘competition in the single market’ on the destruction of weaker productive systems, the colonisation of national economies by large foreign companies and the increased dependence of countries like Portugal. The report emphasises the ‘temporary regime applicable to State aid’ and calls on the Commission to maintain State aid to the banking sector beyond 2011. It advocates a range of instruments for intervening in and incentives for solving the crises of banks in difficulties. That is advocacy of continuing the process of transforming private – bank – debt into public debt, for which the public is called on to pay. An entire neoliberal programme is being announced here. Obviously, we voted against."@en1
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