Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-10-25-Speech-2-511-000"
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"en.20111025.29.2-511-000"2
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"Madam President, Mr Andor, this is not just about the ‘Renault Directive’, nor is it simply a matter of possible redundancies of workers in the steel industry; it is, in fact, Europe’s entire economic and industrial policy that is being called into question by various people, including me.
I am well acquainted with Liège’s steel industry. I worked in research there for 20 years. The sector does have a future. Cutting-edge research is being carried out into all aspects of galvanising and vacuum coating. That side of the steel industry has a future. What Arcelor wants to do is carve up the company, in other words, carry on with cold rolled steel production, for the moment, but stop hot rolled steel production, while keeping its research centres. It will carve it up and then it will see if it survives. That is not how an industrial policy works. We cannot leave Europe’s economic policy in the hands of financiers. They have destroyed the Liège operation. Tomorrow, the cold rolled steel division will probably close, and who knows what will become of the research centre.
Therefore, either Mr Mittal will agree to sell and there will be a buyer, or the region will be redeveloped. However, Mr Mittal cannot say today, after the gifts he has received, after the CO
allowances, after all the aid, that he is going to carve up our steel sector and then see what happens. That would be shameful. However, it is equally shameful of Europe to believe that the ‘Renault Directive’, the Adjustment Fund and all of the other aid will solve the problems with our economic and industrial policy."@en1
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