Local view for "http://purl.org/linkedpolitics/eu/plenary/2001-04-04-Speech-3-259"

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"en.20010404.9.3-259"2
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"Mr President, in a context marked by the rail accidents in Great Britain which serve to illustrate the price paid by society to quench the thirst for profit of rail companies, the European institutions are thinking of authorising Member States to grant aid to improve their infrastructures. The European Union, which is ostensibly opposed to national state aid capable of distorting competition, is preparing, in the proposed report, to renege on its own proposals so as to be able to continue its policy of privatising public services. As a result, rail companies, which pocket the receipts from the lines conceded to them without bothering to lay out the minimum expenditure to maintain and renew tracks and other rail equipment, have not only been given absolution but will be entitled to additional subsidies to meet investment obligations which should be their responsibility. We restate our opposition to the privatisation of public services as well as to the introduction of any idea of profitability for services which are crucial to the entire population. Management according to the law of private profit is just as catastrophic for the economy as a whole as it is for the rail industry."@en1

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