Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-03-10-Speech-2-542"

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"Qimonda is a paradigm case in the current context of global financial and economic crisis. It is a company that uses cutting-edge technology, employs highly qualified workers and promotes research. Qimonda meets the objectives of the Lisbon Strategy. The Portuguese Government has been doing everything to find a solution that makes this company viable, but the solution is also dependent on the involvement of the German Federal Government and the state governments of Bavaria and Saxony. The Portuguese Government has already decided to make EUR 100 million available for this purpose. As I said, it has been doing and will continue to do everything it can, as was, in fact, recognised by Qimonda’s German workers during the recent official visit by the President of the Portuguese Republic. The European Commission and the Member States have been taking steps – and rightly so – to save many banks and to support certain industries such as, for example, the automotive industry. Why not also support Qimonda? Leaving Qimonda to its fate will have extremely serious consequences. Not only will thousands of workers in Germany and Portugal lose their jobs, but invaluable European intellectual property and a lot of Community funds that were invested in Qimonda will also be lost. Keeping Qimonda going in Germany and in Portugal is of such strategic importance for Europe that European Union support is well justified. Commissioner, we must be consistent and, if we are to be consistent, we will do everything to save Qimonda. Qimonda is not just any company!"@en1
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