Local view for "http://purl.org/linkedpolitics/eu/plenary/2006-07-03-Speech-1-048"
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"en.20060703.12.1-048"2
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"Mr President, the car manufacturing plant in Warsaw which, until 2000, was owned by the Korean company Daewoo managed to avoid bankruptcy, paid off 92% of its debts and cut two thirds of jobs thanks to the determination of its management and staff. The plant asked the Polish Government for a loan in line with the restructuring plan. A recommendation from the EU Commissioner for Competition is needed in order to receive this loan. The plant has valuable long-term contracts, which means that there should have been no difficulty in obtaining approval for the loan. However, after a meeting with the Polish economy minister in Brussels, there are reports in the media that the Commissioner for Competition is considering refusing to recommend the loan. This will damage the factory and amount to an attempt to drive it into bankruptcy, and, most importantly, will be harmful to fair competition in the European Union.
Such a refusal by officials in Brussels will mean that they are acting not for the common good but in the interest of a select number of capital groups and car corporations. That is something we cannot support."@en1
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