Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-12-13-Speech-4-188-000"
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"en.20121213.22.4-188-000"2
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"Mr President, I voted against the resolution on the EU steel industry because it does not offer sufficient protection and solutions for steel workers threatened with redundancy. Despite everything, the steel industry today is still massively profitable. The ArcelorMittal group, for example, made EUR 1.7 billion profit in 2011. The ‘lack of profitability’ argument is primarily used to threaten workers into accepting wage cuts or to obtain even more in terms of tax breaks.
In 2010 the financial arm of ArcelorMittal Belgium, for instance, paid zero euros in taxes on EUR 1.39 billion worth of profit. How many more workers will have to be sacked, how much more taxpayers’ money will have to be handed over to these multinational vulture capitalists before they are content?
I fully support all steelworkers in Europe currently struggling for their jobs and I support their demands for nationalisation. The factories have already been paid for many times over by the accumulated labour of generations of workers. They should be expropriated, run under democratic workers’ control and used for the benefit of society as a whole."@en1
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