Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-03-08-Speech-2-706-000"
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"en.20110308.30.2-706-000"2
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"Madam President, ladies and gentlemen, the report highlights, at last, industry’s key role in the Union’s future and confirms the need for a European industrial policy. It implicitly recognises the Lisbon strategy fiasco by rightly asking for 3% of the Union’s gross domestic product to be dedicated to research and development and by proposing, above all, that the private sector be heavily utilised.
Unfortunately, it still has a vision of competitiveness that is focused on a deadly cut in labour costs, when we actually need to develop competitiveness based on training, capital savings, energy and raw materials. The report also implicitly admits the failure of the financial markets to channel savings into investments that will create wealth. Resolving this problem requires social control of credit or credit requisition for the benefit of employment, research and development, and wealth creation. We need European and national public financial centres to guarantee industrial financing. Our Parliament cannot simply take action to ensure that the large European industrial groups do better. Our main objective must be to provide more and better quality industrial jobs in the Union."@en1
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