Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-11-20-Speech-2-628-000"

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". Mr President, this issue takes us to the heart of the main European contradiction: whether to serve people and their requirements and build the future, or to care only about financial profitability, dividends, free and fair competition, which destroys everything as it is based only on dumping competition? Iron and steel: an industry at the very foundation of Europe; a sector that has enabled a very large number of industries to develop; that seeks progress; that has enabled people to acquire exceptional know-how in vehicles, rail, building, packaging and agri-food; that directly and indirectly provides millions of jobs, and indispensable wealth for our regions and our populations; a sector that has made Europe great but is in great danger. Subjugated by finance and large international groups, our iron and steel industry is on the verge of an enormous crisis that will destroy much production capacity, witness the disappearance of know-how and destroy the lives of thousands of employees. From this perspective, the Mittal code is enlightening. It is closing sites such as those in Gandrange, Florange or Liège, in Belgium, from where it did not hesitate to transfer USD 37 billion to Luxembourg for tax optimisation purposes. It is selling wildly, keeping only that which is most profitable. At the same time, it is putting into service several blast furnaces in India, financed by the sweat and blood of European employees, whom it casts aside after thoroughly exploiting them. The independence of Europe and the future of European industry are at stake. ‘The tree is known by its fruit,’ says a French proverb. What does the Commission intend doing? Will it decide to act for Europe and finally assume its responsibilities and legislate to protect the iron and steel and industry, a major European cause for 2013?"@en1
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