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In a speech to the CBI Peter Mandelson, the EU Trade Commissioner designate, said that EU red tape cost about 4% of GDP. It was partially offset by a 2% addition to GDP, which he attributed to the Single Market.
Having admitted that the EU is a drag on our economy, he then goes on to say that the solution is to give the European Commission even more power to sort things out! Nice try!
This page contains a single entry from the blog posted on November 9, 2004 3:36 PM.
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Comments (2)
uh, it is not up to anyone who will be "allowed" equal rights in this country.
marriage rights are given to an individual, not a couple. each to marry the person of her/his choice, within the law. now some want to take away the existing rights of many who've been illegally denied them the whole time.
Posted by m | November 21, 2006 9:55 AM
Posted on November 21, 2006 09:55
As the government has refused on several occasions to hold a cost benefit analysis of our involvement in the EU, I do not see how Mr Mandelson can justify his remarks. I suspect that we will hear a lot more about the benefits of the EU, and the costs of leaving in the run up to the referendum on the Constitution. However, the Government cannot claim any overall benefits until they can prove them.
Posted by Ken | November 11, 2004 12:29 PM
Posted on November 11, 2004 12:29