Thread: [Merged] The Europe Thread
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Old 23-06-2004, 16:32   #127
SMHarman
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Re: [Merged] The Europe Thread
Quote:
Originally Posted by towny
<snip>If that's the case, it pours just a little cold water on the standard defence of EU interference in domestic policy issues: that the dynamic EU is well placed to kick indolent national governments into improving things.
However the partially privatised EU has then allowed still nationalised institutions to take advantage of these privatised entities and become european champions with the protection that they themselves cannot be taken over. Electricitie de France EdF, being a prime case, buying generation capacity throughout europe, but, for example AES a big American Generator being unable to buy them, or buy significant generating capacity in France (in the way they bought Drax, the largest power station in the UK). This actually means that the UK is now dependant on EdF and the undersea transmission cable to mainland europe for power generation. Get into a war with France and they could switch our power off!

Thankfully it has also ensured the failiure of some entities such as Sabina, which the indolent national government would have carried on propping up.
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