Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-11-19-Speech-3-045"
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"en.20081119.4.3-045"2
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"Madam President, Commissioner, the harbingers of the crisis in the motor industry, such as the first falls in orders, were probably not taken seriously enough. At first we perhaps hoped it would just be gas-guzzling American cars that would be affected. Anyone who has spoken a little to car dealers knows diesel vehicles have been hard to shift in the EU, too, for months now.
Therefore, the European Union should not be surprised by the ever-worsening maelstrom of problems since it has worked industriously to bring about the downfall of this once blooming sector through a flood of regulations, for instance, that have been rained down on the motor industry. Companies need a stable, predictable legal basis on which to be able to make plans. If the EU constantly changes the rules, it will perhaps eventually drive every industry to ruin. Nor should we forget the continuous ratcheting up of the tax load on diesel and, recently, the biofuels adventure.
To solve the crisis, then, it will not be enough for the EU to release the planned EUR 40 billion in credit. The Union must create predictable conditions of trade in future that it is possible to plan around, and it must do so for every industry."@en1
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