Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-11-19-Speech-3-053"
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"en.20081119.4.3-053"2
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"Madam President, ladies and gentlemen, faced with the extremely serious crisis that is affecting the car sector from the US to our continent, Europe has a very clear choice: either to remain inactive and observe this collapse in demand and production, the effects of which we cannot even calculate today, in the name of an abstract consistency with a theoretical model of market liberalism, with total respect for competition, as some voices have urged here today, or to take on its responsibilities to tackle the situation properly.
We have opted for the second choice and we call upon the Commission and the Council to show decisiveness and determination. We welcomed what Commissioner Verheugen said and we hope that none of his colleagues hold him back too much in this determination. This is an exceptional situation and thus exceptional responses are required.
On the other hand, ladies and gentlemen, the financial crisis has shown us some actions by political and economic authorities who have made choices in terms of conduct and investment of public resources which, up until a few months ago, would have been unthinkable. Our action should, however
and I am just finishing
be selective, combine strategy with urgency, and should encourage, both through more attractive loans and support for demand, a selective repositioning towards more environmentally sustainable production."@en1
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