Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-03-09-Speech-1-140"
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"en.20090309.18.1-140"2
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"Madam President, the financial crisis, and the resulting economic crisis, are inducing employers to attempt to alter the legal status of their firms to reduce costs, including costs connected with employees’ rights and social obligations. That is why they are looking to register their companies’ offices in countries where regulations and economic conditions create cost-cutting opportunities, because the legal requirements, such as the minimum wage or pension contributions, are lower. Information contained in the report draws attention to the fact that the cross-border transfer of companies’ registered offices should not lead to companies avoiding legal, social or tax regulations. Labour rights must not be violated. We cannot allow social standards to slip. A different means of supporting small and medium-sized enterprises should be be found, such as the provision of loans."@en1
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