Local view for "http://purl.org/linkedpolitics/eu/plenary/2006-03-13-Speech-1-107"

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"en.20060313.18.1-107"2
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"Mr President, the European Parliament obviously does not want in the Hutchinson report to prohibit companies from relocating to other countries. This would be restrictive and anti-democratic. We, at least the Group of the European People's Party (Christian Democrats) and European Democrats, know that a company needs to be competitive in order to survive and the individual Member States will need to have a fiscal and general economic environment that attracts investment in the individual Member States. Nonetheless, it is not right for the European Union to encourage the continual relocation of companies with resources from the European budget. That is why the Hutchinson report proposes, once again, that penalties should be imposed on companies which have received financial aid from the European Union and relocate their activities within seven years of the granting of the aid. It also proposes that companies which received state aid, especially those which failed to comply with all the obligations connected with such aid, should not qualify for state aid for their new location and should be blocked from receipt of future Structural Fund aid. The Hutchinson report also points out that we need to be even stricter with companies that relocate outside the European Union. I think that the European Parliament's proposals are realistic and respond in a balanced manner to an existing problem. I also wish to highlight the proposal made in the Hutchinson report in connection with the globalisation fund. We welcome the proposal by the European Commission and believe that the globalisation fund will soon become a reality in order to address the negative consequences of this modern situation which offers opportunity to everyone but also contains risks which need to be addressed in an effective manner."@en1

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