Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-11-23-Speech-2-838"

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"en.20101123.33.2-838"2
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"The ongoing economic and financial crisis, in severely affecting the economies of the ‘developed’ countries of the West, has shown that the economic paradigm of the efficiency and capacity for self-regulation of the markets is no longer based on reality, because reality has called for all economic and market players, especially financial market players, to act responsibly and ethically, something which they have completely failed to do in recent times. The disruption caused in financial terms to the entire economy shows that the industrial sector requires a huge amount of support, since it is still a sector of fundamental importance for the economy, especially the real economy. When taking into account the competitive and comparative advantages and disadvantages between regions, especially at international level, we must not forget that the mining industry is present in areas in which the development of sound economic and occupational alternatives should be encouraged as a preliminary step and in which welfare support provisions should be enhanced to prevent painful increases in unemployed workers whom it is difficult to redeploy. The report on State aid to facilitate the closure of uncompetitive coal mines, on which we have voted, seems to me to be at least partly along these lines."@en1

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