Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-03-24-Speech-2-412"
| Predicate | Value (sorted: default) |
|---|---|
| rdf:type | |
| dcterms:Date | |
| dcterms:Is Part Of | |
| dcterms:Language | |
| lpv:document identification number |
"en.20090324.32.2-412"2
|
| lpv:hasSubsequent | |
| lpv:speaker | |
| lpv:spokenAs | |
| lpv:translated text |
".
Mr President, Commissioner Verheugen, once again we are meeting to discuss the subject of cars, and rightly so. This crisis has hit one of our key industries very hard. A total of 12 million jobs, 6% of the work force, the largest investor in research and development – this makes discussing the problem and finding solutions very much worthwhile. However, it has now become clear that the EU does not have suitable instruments available to deal with this crisis. The Member States are pressing ahead individually, the framework for competition has at times been put at risk and the European Investment Bank, the universal cure-all, is overstretched both in terms of its finances and its staff. Therefore, we need to find new approaches.
I am grateful to Commissioner Verheugen for adopting this framework directive very quickly in order to investigate how we should proceed in the context of competition law. However, the EIB needs to be better equipped. The EIB needs to be offered special conditions by the European Central Bank to allow it access to fresh capital, which is not currently permitted by law. It is also important that state aid is more closely linked to the paradigm shift towards new technologies and away from the internal combustion engine. In addition, funds, such as the Structural Funds and the agricultural funds, should be focused on developing stronger infrastructures for these new technologies.
I would like to look more closely at General Motors. I agree with the Commissioner and the previous speakers that this has a European dimension, because the company has sites in many of the Member States of the EU. The bottom line, however, is that the state, including the EU, should not intervene in the economy. The crisis has not changed this principle. Although the car industry is a strategic sector, it is not systemic in the same way as the banking industry. Therefore, we should avoid taking shareholdings in the car industry. However, I believe that guarantees are the right approach, if there is a private investor to take on a guarantee via the EIB. This assumes that we are following the paradigm shift and moving into new technologies. Daimler and the Abu Dhabi Investment Authority have recently taken this type of step, so it should also be possible for us.
I would like to thank the Commissioner for taking such active measures. I would also like to thank my fellow Members for supporting the initiative involved in this resolution."@en1
|
| lpv:videoURI |
Named graphs describing this resource:
The resource appears as object in 2 triples