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  • Seven-Up for Europe: a plan for growth

    10/26/2004 6:03:42 AM PDT · by OESY · 3 replies · 283+ views
    Wall Street Journal ^ | October 26, 2004 | GERHARD SCHROEDER
    ...I will suggest to my colleagues at the summit a program called "Seven Chances for the Internal Market." • First, all EU consumers must be able, by mid-2007, to freely choose their electricity and energy providers, as is the case in Germany since 1998. This will intensify cross-border competition, benefit consumers and industries by providing cheaper energy and stimulate economic activity across the board. • Second, we must continue to ensure the stability and growth of European financial markets. We also have to increase the global competitiveness of EU financial institutions. The supervision of the financial sector should be practical...