Local view for "http://purl.org/linkedpolitics/eu/plenary/2003-09-23-Speech-2-248"

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"Madam President, Alstom, that great and excellent undertaking, has almost been done to death on two occasions, the first time by the management mistakes of its former chairman, and the second time by the intransigence of the Commission. Admittedly the Commission has just told us yet again that it is only applying the Treaty and I have to admit, Mr Monti, that that is true. The Treaty itself poses a problem, because its wording, in the ‘competition’ part, goes back to the Treaty of Rome. It proves that our vision of competition is now too narrow, too focused on the internal market, whereas we should be taking a more global view of the strategic, national and European interests at stake in what is now worldwide competition. This is why, in the Alstom affair, the French Government was defending, in the last analysis, a more balanced and more global position than the Commission. In this way it was demonstrating that a nation state, democratically responsible, was perfectly capable of assessing whether state aid should be given in order to save, in exceptional circumstances, industries that are strategically important for the economic independence or cultural identity of the country. It would have been better if the Commission had helped it and cooperated in achieving that objective. Any future reform of the Treaty ought to take this into account. In the meantime, we deplore the fact that Mr Monti, in his statements just now, has continued to allow the sword of Damocles to hang over the plan to rescue Alstom, and we deplore the fact that the Commission has absolute power in this area. On that too it will be necessary to reform the Treaty in the near future."@en1

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