Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-03-25-Speech-3-181"
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"en.20090325.24.3-181"2
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"Madam President, my two colleagues and I will be very happy to buy lunch for you, and for your two colleagues on either side, though I am not sure whether you would enjoy our company any more than you enjoy our speeches.
We all know what a serious situation many industries are facing at this time in trying to get hold of credit. There are many viable businesses which, before the credit crisis, would be making fantastic profits. Really it just comes down to the accessibility of credit rather than any serious problems with their business models. On the other hand, there are plenty of companies that have for many years been very close to failing, propped up by state aid or making losses.
Looking at the example of America, where they have given aid to some of the most inefficient producers, producers who have not taken account of the times, let us make sure that we do not repeat those mistakes and give state aid or any aid to companies that have no long-term viable future. Of course we must make sure we have long-term viable jobs, but let us make sure that we not are propping up failing companies."@en1
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