Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-02-04-Speech-3-261"

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". Mr President, ladies and gentlemen, the crisis in the motor industry has spread throughout the entire sector, to ancillary industries, other associated sectors, commercial networks and thus services, and has terrible prospects in terms of employment. In my view, the appalling drop in the latest registrations – in some Member States this month they are down 33%, or 20%, and so on – shows that the crisis is not in a technologically obsolete sector, nor is it an internal crisis caused by managerial errors in this or that company. It is a systemic crisis, and as such must be tackled urgently and decisively by the European institutions. Some solutions have been proposed, but the important thing is how, and with what resources and what prospects for innovation, they can be achieved. Of course we must support demand; consumption is the only route to recovery. However, while this consumption support measure is implemented, which is a medium-term measure, I think we have to say that we need immediate credit support to recommence production, pay for materials and retain employees despite the fall in orders and demand. Credit, then, is the answer, but as we were saying, the important thing is how. I too call for Europe to take a stronger lead; it is important for the European institutions to send out a clear message. The United States are taking action, as are some European countries, and I hope that my country will move on from generic proposals to practical measures, but I hope for stronger European action both within and outside the recovery plan, because I believe, and have explained to the Commissioner at length, that the fate of the great European firms is our shared fate. Large European manufacturers should not encounter competition within the common market in the form of various kinds of State aid or special terms, but should see a response from a strong, decisive and coordinated Europe, since the fortune of the European car market will be measured by our ability to face global competition together. There is also the other matter, which Mr Sacconi mentioned and I would like to point out once more: this support is not aid, or worse, relief, that maintains the status quo, but it is an incentive for the future competitiveness of the sector, in terms of innovation, environmentally-friendly manufacturing and technologies that better respect the environment and the safety of passengers and transport."@en1
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