Traduction de «Club des sidérurgistes de la CEE » (Français → Anglais) :

As the clubs paid no adequate remuneration for the guarantees, this gave them an economic advantage over other clubs, who have to raise money without state backing.

Commissioner Margrethe Vestager, in charge of competition policy, stated: "Steelmakers across the EU are struggling with worldwide overcapacity and strong imports – the response to this challenge must be to improve the sector's long-term global competitiveness.

Commissioner Flynn announced today the adoption of two Commission aid packages for coal and steel workers.

On 22 December 1989, the Council unanimously decided that, subject to the following provisions, the steel quota system in force since 1980 should no longer apply to Categories I, II and III: (a) for Categories Ia (hot-rolled wide strip) and Ib (cold-rolled sheet) the quotas would be removed on 30 June 1988 unless the steelmakers gave firm and guaranteed undertakings by 10 June that they would reduce production capacities for the categories in question by at least 7.5 million tonnes; (b) for Categories II (heavy sheet) and III (heavy sections) the quota system could be extended until the end of 1990 provided that the steelmakers gave fir ...[+++]m and guaranteed undertakings that they would reduce the surplus production capacities for these two categories by 75%, i.e. the equivalent of 4.4 million tonnes for heavy sheet and 2.5 million tonnes for heavy sections.

Under the first of these decisions, Commissioner Flynn stated that traditional ECSC aid for both sectors, amounting to a total of just over 180 MECU, will benefit 32,000 coal workers and 45,000 steel workers, who have lost their jobs in 1992 or 1993.

The purpose of this programme is to aid Community miners and steelmakers to acquire - or modernize - their own homes.