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Basescu: I support initiative to set up two national energy companies

25 noiembrie 2009

Information in English

President Traian Basescu, independent candidate for a second presidential term endorsed by the Liberal Democratic Party (PD-L), declared on Tuesday in the debate titled ‘Liberalism of the Romanian Right’ that he publicly supports the initiative of the Ministry of Economy to generate competition in the energy sector by establishing two national companies.

‘Among others, I want to publicly express support for the initiative of the Ministry of Economy to create competition in the energy sector by setting up two companies that should have a mixed structure of electricity producers to set them in competition, for us to no longer encounter the current situation when there’s anything but fair competition on the energy market, when hydropower, heat-generated electricity and nuclear energy are produced in separate companies, allowing a communist-type liberalism,’ said Basescu.

He added that liberalism does not consist of producing energy for a very low price and then reselling it through agents, and reminded that the Romanian state has backed two large investments in the automotive industry, the automobile plants in Craiova (south) and in Pitesti (south), and has issued guarantees for both, but that competition is well in place on this market.

‘I think that from many points of view, the meaning of liberalism across Europe is contradicted by what we, in Romania, understand by liberalism, or by the meaning self-styled Liberals attach to it,’ said President Basescu.
He voiced his opinion that practically liberalism consists of a series of measures reached by the Emil Boc government, such as the tax break on reinvested profit, the reduction of the number of taxes, measures aimed at encouraging competition, the introduction of the ‘First Home’ program which stimulates ownership.

 

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