Chris Gent, or the writer quoting, also seem to have a
problem with the definition of "Europe" vs "UK and Germany".
The writer got one important, added point very right in
terms of "after auction markets":
"It could also, of course, give Vodafone access to yet more
of the spectrum which is every mobile operator's life blood"
The european countries belonging to EMU has of course
discussed this for a long time already, and I'm sure
UK and Chris Gent are somewhat informed.
Same as the shot across the bow that interest and auction
costs can not be moved from auction region to another.
But UK got their tax cuts, the lifeblood of their
economy, and now they need to figure out how to live with
them in the future. (they could start by closing some
of simplest loopholes for London based tax evasion
within EU, invest in something more productive)
Ilmarinen
P.S. For those who have not followed, ever since Thatcher
the tax evasion business of London has been on the
EU agenda. Tax evasion is only supported for small islands
and otherwise developing regions, Monaco, Luxemburg,
Switzerland, etc have already set up a strategy for
gradually decreasing that lucrative business of profiting
from the more responsible nations. |
