Local view for "http://purl.org/linkedpolitics/eu/plenary/2001-01-16-Speech-2-092"
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"en.20010116.7.2-092"2
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".
The objective of the Commission recommendation is to harmonise creditors’ rights in the event of the winding up of credit institutions Union-wide. Yet nowhere is there any specific mention of the rights which the employees of the credit institutions in question ought to have.
A number of national legislative systems do acknowledge the employees as creditors, but they are only, at best, entitled to the payment of their wages due. They receive no compensation, on the other hand, for the loss of their job, i.e. the loss of their future wages, even though there are attempts to guarantee that creditors will receive compensation for the sums they are owed, in other words their capital, the source of their future income.
Employees bear no responsibility in the difficulties of banks or credit institutions since they have had no part in taking decisions. They are the ones that should be compensated first and foremost for the loss of their jobs.
We voted against this recommendation which is concerned only with capitalist creditors, and not with the employees who do the work of running these credit institutions."@en1
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