Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-03-25-Speech-3-267"
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"en.20090325.24.3-267"2
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"Given the importance of the car industry to the European economy, the commitment by European governments and the European Union as such to respond to the current situation is understandable. They are trying to prevent the consequences of this crisis, which they hope and are fighting to ensure is temporary, from making this industry unrecoverable. This concern has our support. However, there must be some safeguards. While the primary objective is to save jobs, this must respect the ultimate objective of ensuring the survival of viable industries. This means that the extraordinary investment in this sector must be utilised to update, modernise and prepare it for increased competition. The idea that it is possible, or desirable, to isolate and protect an economic sector from competition, where this competition is healthy and fair, is an economic error and a political deception.
Despite all its failings, overcoming the crisis in the car industry, as well as the crisis in general, and preparing for the next stage is at the heart of the Lisbon Strategy: more competitiveness, more innovation, more jobs. We should help the car industry to recover, but we should not try to reinvent the wheel."@en1
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