Charlemagne in the Economist has a very interesting piece on how EU states control shop opening hours and even when sales can take place and how much shops can discount in sales. Apparently shopkeepers in Belgium can't even offer bogoff's because that is too much of a discount. But that's not the point of the post.
The truly scary part is that Belgium has a bureaucrat in its economics ministry, who glories in the title of director-general for regulation and organisation of the market.
Anyone wan to bet that if the EU hasn't got one that it soon will.
Monday, January 07, 2008
Poor Belgium
Posted by Simon Fawthrop at Monday, January 07, 2008
Labels: Belgium, planned economy
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