Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-05-06-Speech-3-992"
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"en.20090506.32.3-992"2
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"We are currently facing an unprecedented crisis. It has affected not only financial affairs, but also economic and social affairs, and has hit not just several Member States, but the entire European Union and the world.
Leaders of the Party of European Socialists have adopted a joint declaration calling on States ‘For an ambitious recovery plan to safeguard employment and prevent mass unemployment’. The only way to have a real effect on the economy is to give it a budgetary stimulus which is adequate to the problem being faced and is coordinated across the whole of Europe. Our priority, which guides everything we say or do, is to make jobs secure and to fight unemployment, while also promoting sound ecological development.
If we do not make fresh efforts to combat the crisis in Europe, unemployment will rise to 25 million at the beginning of 2010, and the condition of public finance will worsen considerably.
The European Globalisation Adjustment Fund (EGF) was established in 2006 and will function until 2013. The purpose of the EGF is to provide support for workers made redundant as a result of globalisation. The Fund’s maximum annual budget is EUR 500 million and it is used to support active labour market measures, such as assistance for people seeking work, in the form of further training grants and mobility allowances.
I support the idea of a reduction in the number of redundancies (to 500) required to trigger intervention."@en1
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