Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-02-04-Speech-3-981"
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"en.20090204.16.3-981"2
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"The European Union’s economy is reputed to be the greatest economic power in the world. On the one hand, this makes us particularly responsible for any action taken in terms of our internal market. On the other hand, a global economy, with the Union at its forefront, has specific consequences. One of these consequences is that it is difficult to define which car manufacturers are truly European. Numerous company mergers, the creation of global manufacturing groups and the presence, for a number of decades, of American or Asian companies on the European Union's internal market, have provided the foundations for a diverse and competitive European car manufacturing sector.
It seems right that our efforts to create a European Economic Recovery Plan, should be primarily guided by the principles of the free market and its competitiveness. We should also remember that the motor industry, which has been so badly affected by the financial crisis, is one of the many links in the chain of the European economy. This induces us to adopt the plan of action proposed by the Presidency, namely that of drawing up a general approach, involving all the stakeholders on the internal market.
This approach should stimulate market demand, which determines the state of the economy. The mechanism for providing aid should also make use of money earmarked for targeted investment in technological innovations, in accordance with guidelines for improving road safety and environmental protection."@en1
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