Turkish Digest Advertising Rates

Annual Advertising options

Thursday, March 30, 2006

Economic protectionism troubles Barroso

Business Week

"Economic protectionism troubles Barroso
MAR. 30 3:06 P.M. ET European Commission President Jose Manuel Barroso said that a recent bout of economic protectionism represented a 'threat' to the European Union, and vowed Thursday to combat any attempt to favor national interests in the single market.

Energy companies have been at the center of disputes among EU nations in recent weeks, sparking accusations of protectionism against France and Spain for seeking to prevent takeovers of national power companies by rivals from Italy and Germany.

'My commission will fight all kinds of economic nationalism,' Barroso said. 'I believe economic nationalism is a threat to our European values.'"