Local view for "http://purl.org/linkedpolitics/eu/plenary/2001-11-14-Speech-3-222"

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"en.20011114.10.3-222"2
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"Mr President, I want to begin by thanking the rapporteur, Mrs Riis-Jørgensen, for her tenacious and courageous fight for a free market economy. The rapporteur knows something of which other colleagues in the Committee on Economic and Monetary Affairs and the Commission ought to be aware: State subsidies of any kind damage the economy, impair the operation of the market and harm consumers. Subsidies make for inefficiency and increase costs. What is depressing is that fellow MEPs now want to make a bad proposal still worse. I come from Sweden. In the seventies, Sweden was the world’s second largest shipbuilding nation after Japan. I had my first job in what was at that time one of Sweden’s largest shipyards. We built the largest oil tanker in history. When competition increased from countries such as Portugal, Japan and South Korea, the Swedish state invested a total of EUR 2 billion in an attempt to rescue the shipbuilding industry. No industrial investment in Sweden has been so ill-starred, cost so much and resulted in so little. The necessary restructuring of industry came to a halt, and no new jobs were created. If we in the EU now want to show real solidarity with the shipyard workers and their families, the Commission’s and the committees’ proposals must naturally be rejected. That would be an investment for the future."@en1

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