Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-06-23-Speech-4-278-000"
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"en.20110623.37.4-278-000"2
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"A very wide majority of the European Parliament approved Mrs Matera’s report calling for the mobilisation of the European Globalisation Adjustment Fund to the tune of EUR 9.5 million for the closing of the General Motors (GM) - Opel plant in Antwerp (Belgium). I voted against this report because it finances the laying-off of 2 834 employees of a company that received a USD 5 billion loan from the US authorities during the summer of 2010. Moreover, the sale of many brands enabled it to turn around its financial situation as early as the autumn of 2010 and to regain its listing on the stock market in November 2010. The authorities, whether European, national or regional, by accepting the mobilisation of public money to mitigate the closing of a plant, which achieves nothing except market redundancies, are surrendering their powers. This decision is all the more unacceptable given that it is taken at a time when the European Union and its Member States are adopting austerity and budget reduction measures that will sustain the economic recession, the dismantling of public services, unemployment, job insecurity, wage cuts and social inequalities."@en1
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