The Recommendation aims to complete this process throughout the Union by year's end. Based on a recent public review of the EU's telecom policies, the Commission is preparing additional proposals for improving the regulatory framework for e-commerce. That's all part of life. German Finance Minister Hans Eichel . Columbia University Economics Professor and 1999 Nobel Laureate in Economics Robert Mundell .
Quality is more important than speed.
I do not think that just giving more power to the most populous states is the key to creating a more effective Union. Portuguese Secretary of State for European Affairs Francisco Seixas da Costa , commenting on the current Intergovernmental Conference on EU institutional reform. Specific harmonized rules are set out only in those areas necessary to the functioning of the single market and to protecting the public interest. In other areas, the proposal would build on existing EU instruments, and would rely on cooperation between the member states. This is the starting point for an action plan proposed by the Commission to remove market barriers that prevent the diffusion of energy efficient technology.