Local view for "http://purl.org/linkedpolitics/eu/plenary/2003-01-13-Speech-1-043"
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"en.20030113.4.1-043"2
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"Mr President, I would like you to ask the Commission what measures it intends to take to demand the reimbursement of the subsidies granted to the Daewoo corporation. It is scandalous for this corporation to keep the monies received, while closing down the three factories it has in Lorraine, France, as well as many other factories world-wide.
I believe that granting subsidies to capitalist companies on the pretext of promoting employment equates to misappropriation of taxpayers’ money, where these companies simply add the sums received to their profits and shareholders’ dividends. Once the money has been received, how many of these companies cut jobs, or even close factories, thereby ruining whole towns and even regions. This is fraud, to the detriment of both workers and taxpayers, and it takes place with the complicity of the European institutions or other bodies, which continue to grant these subsidies."@en1
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