Local view for "http://purl.org/linkedpolitics/eu/plenary/2006-10-26-Speech-4-156"

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"en.20061026.22.4-156"2
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". Public-private partnerships are very popular in EU Member States, and, somewhat inevitably, the United Kingdom is the European champion. Unfortunately, though, they are a euphemism for the privatisation, or preparation for the privatisation, of public assets and services, which will be put up for sale, over the longer term, for private investors to make profit from them. This, say the proponents, will lead to better risk management. What they overlook, however, is that private firms keep the profits and the State always ends up carrying the can when the partnership turns sour or fails to deliver the profits that the private businesses were looking for. This applies right across the board, in areas as diverse as the outsourcing of motorways, the management of hospitals and schools, and the incorporation of investment projects within the scope of the Structural Funds. They are a means of outsourcing the State’s responsibilities, and this is something we find unacceptable. What is more, this initiative is seeking Community-level legal arrangements. We therefore have no choice but to vote against the report."@en1

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