Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-02-08-Speech-1-141"
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"en.20100208.15.1-141"2
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"I think Opel Antwerp would have had a future if it had not been for the crisis and the collapse of the whole concept of General Motors.
What Mr Verhofstadt cannot deny, however, is that recent years have seen a decline in the car industry in Europe and also in Flanders, and Mr Noels, the economist to whom I referred, has said that high labour costs were one of the reasons for the Americans closing Opel Antwerp instead of one of the others. Opel Antwerp was an efficient plant, but then that is also said of Opel in Luton, United Kingdom, and also the German plants, hence my belief that high labour costs always have an erosive effect on industrial policy, one that must be prevented if we want to maintain employment."@en1
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