Caterpillar, Alstom closures: MEPs call for a forward-looking industrial strategy
Europe needs a forward-looking industrial strategy to improve operating conditions for companies, make the best use of existing European financial instruments, and protect workers, said MEPs in Wednesday's afternoon debate with employment Commissioner Marianne Thyssen and delegated minister for the Slovak Presidency of the Council Ivan Korčok.
Many MEPs argued that the cases at Catepillar and Alstom were a symptom of Europe’s industrial malaise. They deplored the absence of a long-term vision for European industry, while highlighting important factors affecting it, such as the financial and legislative frameworks for companies, globalisation, and worldwide competition.
A resolution on this topic will be voted during the October I plenary