Translation of "perspectives des marché du crabe " (French → English) :

For that reason, the European Parliament, in its resolution of 10 July 2007 on prospects for the internal gas and electricity market (5) referred to ownership unbundling at transmission level as the most effective tool by which to promote investments in infrastructure in a non-discriminatory way, fair access to the network for new entrants and transparency in the market.

The Communications of the Commission of 10 January 2007 entitled ‘Prospects for the internal gas and electricity market’ and ‘Inquiry pursuant to Article 17 of Regulation (EC) No 1/2003 into the European gas and electricity sectors (Final Report)’ showed that the present rules and measures do not provide the necessary framework for achieving the objective of a well-functioning internal market.

The Communications entitled Prospects for the internal gas and electricity market and Sector inquiry into the gas and electricity markets emphasised the inadequate framing of the rules and measures in force relating to the internal electricity market.

- 4 - This situation gives a special significance to the rules on budgetary discipline (Council Decision 88/377/EEC of 24 June 1988. * * * 4. Price proposals and related measures The analysis of the agricultural situation in the 1990/91 marketing year and the market outlook for the coming years clearly indicate that, after two years of relief and despite considerable efforts of adjustment over a number of years, market imbalances are growing again and that prospects for the foreseeable future are not encouraging. This new deterioration in the situation calls for an in-depth reform of the Common Agricultural Policy in order to tackle the ...[+++]problems at their roots. Taking into account that in-depth reform of a number of common market organisation is needed and that specific proposals to do so will be presented this year, the Commission would have preferred, at this stage, to propose a simple roll-over of present institutional prices for one year until the reform measures have been adopted and come into effect. However, the considerable deterioration of the budgetary situation for 1991 and the worsening prospects for 1992 oblige the Commission, in the interests of budgetary discipline, to supplement its roll-over price proposals for the 1991/92 marketing year by a number of specific proposals designed to contain agricultural expenditure. a) Common prices The Commission considers that for the majority of products it is desirable to propose the continued application of 1990/91 prices subject, of course, to the effects of the application of the stabiliser mechanisms.

The discussions mainly covered the following three topics : - The present situation and prospects on the oil market, taking into account the fall in oil prices. - The present situation and prospects on the gas market. - Recent energy policy developments in the European Community and Norway.

I will go quickly past the outline, which gives you the basic dimensions, key factors underlying price, outlooks for markets and some of the conclusions.