European financial supervision – More supervision, less sovereignty (Part 2)

Therefore, harmonization of regulatory requirements is necessary. Nevertheless, a central bank supervision also means that national sovereignty be abandoned. In addition, the finance minister not wrongly feared that a European banking supervision makes decisions that have a significant impact on public finances. Wear extent of compromise found is now difficult to assess. The distribution of powers but will be continue to be a point of friction.

Energy policy environment – Competition protects the environment

Because the trade in CO2 certificates receives pollution a price, this creates incentives to save CO2. The recently presented energy concept of the federal government puts its regulatory dilemma in energy policy. More and more regulations and subsidies distort competition and create economic inefficiencies. However, this seems to be the person responsible not be covered here.