MEPS BACK EUROPE STEEL ACTION PLAN BUT SAY MORE COULD BE DONE
February 1st, 2014
The European Parliament motion backing the European Union’s (EU) steel action plan has passed in a resolution in Strasbourg last night (Tuesday). However, its author - Hungarian conservative András Gyürk - believes real public money needs to be spent to prevent EU steel production moving overseas.Speaking after the vote (adopted by 505 votes to 95), Gyürk noted the financial crisis has hit the industry hard: “The European steel industry has lost more than 65 000 jobs during the past few years due to the closures of plants”, he said. “The recovery of ...
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