Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-07-03-Speech-2-366-937"
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"en.20120703.18.2-366-937"2
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"The economic and financial crisis that Europe is experiencing, with restrictive public investment policies due to economic governance, has led to the bankruptcy of many companies and a sharp increase in unemployment, with the threat of social collapse. Despite the crisis, the EU continues to be the world’s main beneficiary of investment. However, some companies are relocating their factories to countries with lower taxes, less bureaucracy and cheaper labour. It is therefore urgent to reverse this situation by reducing bureaucracy and cutting taxes for our entrepreneurs, in order to prevent the commercial centre of the world from moving from Europe to the Pacific. It is also vital to make our companies more competitive by investing in innovation and technological development. I therefore welcome the presentation of this report on the attractiveness of investing in Europe, for which I voted. I also hope that it will contribute towards strengthening economic growth in the EU, as this is a region that values the security and quality of capital, has highly qualified professionals, has an excellent transport network, is committed to innovation and technological development, and ensures monetary and financial stability."@en1
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