Saturday, 18 October 2008

EU to asset strip Polish shipyards

The Polish shipyard that was a focal point for their struggle against communism is likely to be sold off in a communist-style national asset stripping by the EU.

The EU wants to force the sale of Poland's state owned shipyards which it says aren't entitled to the state aid the Polish government has given them. The money from the sale would have to be used to pay back the state aid rather than used as an incentive to their new owners to modernise the shipyards.

The EU's Competition Commissioner has suggested that the shipyards could be converted to do something else.

How betrayed the Polish people must feel having fought long and hard to throw off the oppression of communism, only to be sold to the socialist dictatorship that is the EU. The picture on the BBC News website (above, right) says it all.