Local view for "http://purl.org/linkedpolitics/eu/plenary/2003-12-16-Speech-2-111"
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"en.20031216.3.2-111"2
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".
I voted against this directive because three crucial amendments were rejected that were aimed at ensuring that the workers of both the bidding company and the target company were fully informed and consulted in good time in the event of a takeover bid. Some claim this is already guaranteed by other directives and that there is therefore no point in dealing with the matter in this directive. That view is shared by Commissioner Bolkestein. I am not convinced and it is hard to understand why the introduction of a minimum amount of social dialogue into this directive should meet with such opposition. But I do agree entirely with Mr Bolkestein that this directive, as it has been adopted with the Commission’s and the Council’s agreement, is not a social directive, it is even a clearly antisocial directive! After more than 15 years of debates, I regret to note, like the ESC, that neither the Council, nor the Commission, nor the majority of Parliament have been able to understand something so simple and obvious as that workers are just as important as shareholders and that they have in particular the right to be informed and consulted over mergers. It is a sad day for the European social model."@en1
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