Local view for "http://purl.org/linkedpolitics/eu/plenary/2001-07-03-Speech-2-050"
| Predicate | Value (sorted: default) |
|---|---|
| rdf:type | |
| dcterms:Date | |
| dcterms:Is Part Of | |
| dcterms:Language | |
| lpv:document identification number |
"en.20010703.2.2-050"2
|
| lpv:hasSubsequent | |
| lpv:speaker | |
| lpv:spoken text |
"Mr President, it is a privilege to have the opportunity of taking part in this debate. As one of the majority at the conciliation group in Luxembourg on 5 June, my primary motive in voting was to ensure that Parliament would have the chance to vote on this third reading. It would have been a scandal if, at 1 a.m. in Luxembourg on 5 June, 15 of us had voted it down and prevented Parliament having this debate. We can assure all those visiting this House today that there will not be a more important decision affecting the well-being of industry in Europe than this one. My group will have a free vote on it and I believe others will as well. We will, as individual Members of Parliament, stand by our consciences on this issue at tomorrow's vital vote.
Sometimes I feel I am living in a looking glass land when I hear that all sorts of disastrous takeovers will occur if the directive is carried. Members must remember that takeovers will go on in all events. The issue is whether we have a common set of norms in Europe which govern us all. Will we have a single basic law for takeovers or will we let the chaos continue?
Mr Lehne makes a powerful point about the damage that can be done by golden shares, about the unfairness of the absence of a level playing field. We will not move closer to a level playing field by throwing out this directive. That will make it impossible over the next decade to get anywhere near a level playing field. We must, therefore, move forward on this occasion. It would be shocking not to do so.
It will probably take four years, if we carry this tomorrow, before it comes into effect. Trade unionists and employees of companies throughout Europe will still have to wait four years to get what Mr Medina Ortega already regards as not enough. But they have far less at the moment. If the directive goes through, the board of a bidding or offeree company will have to declare its hand at the time of the bid. It will have to declare its intentions in regard to jobs and the location of work. The trade unions or other employees' representatives will have the right to comment on that before the offeree company comes to a decision. The shareholders of the offeree company will need to know what the view of the employees is. None of this is law at the moment. We are about to deprive people of something of vital importance, unless we carry this!"@en1
|
| lpv:spokenAs | |
| lpv:unclassifiedMetadata |
Named graphs describing this resource:
The resource appears as object in 2 triples