Italian Premier slams US-owned manufacture; stop dumping

     Written by : SMTV24x7 | Thu, Feb 22, 2018, 02:41 AM

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Milan, Feb 22: Italian Premier Paolo Gentiloni on Wednesday slammed US-owned electrical appliances manufacture Embraco's plan to switch production to Slovakia and fire almost 500 workers at its plant in northwest Italy.

"We cannot allow forms of fiscal and social dumping within the European Union.

"We are at a delicate juncture for Italian industry and we must fight tooth and nail to prevent such risks from materialising," he said in this northern Italian city where he was to open a new digital innovation centre and to receive a prize from research institute ISPI for enhancing Italy's image abroad.

"For the government, the Embraco case is a prime example that concerns relations between EU states. If we want to invest in human capital, we cannot allow forms of fiscal and social dumping within the EU," he underlined.

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