Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-03-13-Speech-2-345-000"

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"en.20120313.17.2-345-000"2
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"In addition to creating cross-border cooperatives, involving employees in the decision-making process in European cooperatives is one of the main objectives behind introducing them into the legal system. It is a step towards cooperatives functioning as entities which realise the needs of their members and users. I am extremely surprised at the low level of implementation of provisions regarding this involvement, in particular, in those countries with a long and rich tradition of cooperatives. I am even more surprised as the European cooperative offers significant potential for economic growth, combining as it does the traditional values of cooperative participation and employee involvement. In the absence of implementation of the relevant provisions, the small number of cooperatives and workers’ groups formed comes as no surprise. Cooperatives as such, and European cooperatives in particular, provide some remedy at times of crisis, which is confirmed by the increase in their turnover and the lower level of bankruptcies and redundancies compared to other legal persons. It should be stressed that the development of European cooperatives in the border areas will deepen their economic integration and allow for faster development. The introduction of European cooperatives into the legal system is an institutional manifestation of the need to link up the activities of individuals and legal persons struggling with financial problems and capital guaranteed by members who are investors."@en1

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