Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-10-25-Speech-2-510-000"
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"en.20111025.29.2-510-000"2
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"Madam President, Europe needs a modern steel industry and, in order for us to achieve this, there must, above all, be a demand for high-quality steel. For this reason, we in the Group of the Greens/European Free Alliance believe that we must put in place an investment policy alongside the austerity policy in Europe. Steel is needed for renovating buildings and for increasing the proportion of renewable energy. If we want to make environmentally friendly cars, we need lightweight, high-quality steel.
We must also invest in modernising the steel works in Europe and must move away from run-of-the-mill products and towards high-quality steel. This is something that is particularly lacking in the ArcelorMittal group. Yesterday was the meeting of the European works council of Mittal. The trade unions have found out that ArcelorMittal writes off more money than it invests in all the countries where it has a presence and that it benefits significantly from tax breaks. This is why I am calling on Mr Mittal to behave less like a hedge fund manager and more like a captain of industry.
I would like to ask the Commission to work together with the relevant governments to investigate where ArcelorMittal actually pays tax on its profits. You need to find out whether it is true that ArcelorMittal has received the full number of CO
certificates promised to it for its works in Schifflange and Rodange which were temporarily closed and has added to those further CO
certificates that it had stockpiled, amounting to EUR 1 billion. Please ensure that in future, EU research funding is made available to companies which still pay taxes somewhere."@en1
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