Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-11-20-Speech-2-598-000"

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"I am not sure that you were disagreeing with me. The point I was making, and I think Mr Andor was very realistic, is that the funding we need to put in is to help those employees affected by what are inevitable plant closures. The Ford Company according to their own figures – and you can check them – is going to lose EUR 1.6 billion this year in Europe. Now Mr Staes was talking about the fact the he felt that the management of Ford could make sacrifices and stop closing plants. I am afraid if you are losing EUR 1.6 billion, colleagues, you have to do something about it. I think Ford are right in restructuring production because they want to invest in new models. That is the reality of where we are. We are supporting research and development and we also need to deploy the instruments which Mr Andor was talking about to help people back into new jobs. That, I think, is something that we all agree upon."@en1
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