Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-03-13-Speech-2-348-000"

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"en.20120313.17.2-348-000"2
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"I voted for this report. Cooperatives are an important pillar of the European economy and a key driver for social innovation and thus, in particular, preserve infrastructure and local services specifically in rural areas and conurbations. Europe has 160 000 cooperatives, owned by more than a quarter of all Europeans, which provide work for around 5.4 million employees. Cooperative banks have shown high levels of sustainability and resilience during the financial crisis, thanks to their cooperative business model. Thanks to their cooperative business model, they increased turnover and growth during the crisis with less bankruptcies and redundancies. Cooperative enterprises also provide high-quality, inclusive and crisis-resilient employment, often with high ratios of female and migrant employment and contribute towards the sustainable economic and social development of an area by providing local, non-relocatable jobs. Cooperatives can be seen as a successful and contemporary approach to the social economy and can contribute to providing secure employment prospects and allow employees to plan their life flexibly at their place of origin, especially in rural areas."@en1
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