Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-09-03-Speech-1-033"
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"en.20070903.15.1-033"2
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"Life has rapidly proven the truth of the professionally-based arguments with which I, along with my colleagues in the European Parliament, have fought against the European Commission and its decision to end the maize intervention.
The Commission was concerned that the intervention system could not be maintained because of the surplus in maize, though market trends did not indicate this. The Commission purchased at EUR 101, and it is now selling for twice that and so is profiteering considerably from the entire maize intervention, while drought has struck Europe and livestock farmers have been short of grain. This raises questions about the trustworthiness of the Union: there is still available stock, but multinational speculators are buying up supplies while honest livestock farmers are not able to get sufficient fodder for their animals. This undermines trust in the European Commission and the European Union."@en1
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