Local view for "http://purl.org/linkedpolitics/eu/plenary/1999-11-15-Speech-1-091"

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"en.19991115.7.1-091"2
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"Commissioner, I come from a country where the boss of a multinational company, Michelin, decided to inform his shareholders first of his decision to make 10% of his employees in various countries redundant over the next three years. In the course of last month’s part-session, Commissioner, you stated, in a warm and convincing way, the Commission’s determination to protect employees’ rights in terms of information and consultation about their future. We are delighted that you are determined to see this into the Portuguese Presidency. However, and contrary to what the previous speaker has just said, the Greens think that these rights should be extended to all companies that are not part of the small-business sector and we propose a minimum of twenty employees. If we adopted, as the Commission seems to want to do, a minimum of fifty employees, this would cause serious distortions of competition, affecting only 3% of European companies. One day we will have to go further. In several European countries, the participation of workers is something which society sets great store by. Participation in decision making and also participation in the results. The European Council did not want to follow Parliament’s advice on this matter. Today however, by means of pension funds, pensioners are participating more and more in companies’ capital, in their management and in their profits. It would be paradoxical and would even threaten a war between the generations if current employees were to be excluded from this kind of participation."@en1

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