Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-03-14-Speech-3-243"

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". Mr President, as Deputy Mayor of Toulouse, I can testify, having visited the company’s sites on several occasions, that Airbus’ restructuring plan is a test, a test for each of the employees concerned, and, in order to overcome it, the causes need to be correctly identified. True, the euro appreciated and there were delays linked to manufacturing errors with the A380, but, above all, the group was governed in an intergovernmental, rather than industrial, fashion, and we must draw the right conclusions from this for the future. We all know that what Airbus suffered from was not a shortage of public authority input in the business; rather, what Airbus suffered from was the interference of politicians who meddled in the running of the business, which ended up operating more like an international organisation than an integrated company. As far as its future is concerned, Airbus needs a new shareholder pact, which places greater emphasis on industrial shareholders. That means that the current shareholders must clearly declare their intentions. Do they want to carry on being shareholders, or do new financial and industrial partners need to be found? When that was said, was the intention that public authorities should take no further interest in this matter? Of course not, and I am pleased that Europe has taken action. Indeed, Commissioner Barrot and yourself, Commissioner Verheugen, announced that the Union would be supporting Airbus’ efforts by strengthening its research programmes. However, I should like it, Commissioner, if you could clarify for us the possibility of having recourse to the European Globalisation Adjustment Fund and to the European Social Fund, for the benefit of the employees. For their part, the Member States can also come to the aid of Airbus, and especially of its sub-contractors, by granting aid for research and for the training of these employees. On the other hand, imagine Airbus being rescued by equity investment in a few regions of France – I believe that 0.6% of the capital would be raised – that is downright unrealistic! To conclude, I should not like anyone to lose sight of the fact that, even though Airbus is experiencing difficulties, this company has achieved many successes. I have confidence in its future, in the success of the A380 and of the A350. In times of crisis and difficulty, we must overcome national self-interests and show that we are solid and united – solid, because we are united."@en1

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