Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-10-20-Speech-2-219"

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"en.20091020.31.2-219"2
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"Unemployment is one of the main problems affecting the European Economic Area. Even before the emergence of the current financial crisis, which has increased and aggravated some of the earlier symptoms, the serious impact of globalisation and the resulting relocation of businesses on many people’s lives were clear to see. The particular difficulties of the times in which we are living are obvious when we add to these problems the present lack of confidence in the markets and the shrinking of investment. In that respect, although I am in favour of internal market regulation, I believe that the exceptional nature of the crisis justifies exceptional countermeasures. The European Globalisation Adjustment Fund is one of the tools that the European Union has at its disposal for helping unemployed workers under these circumstances. I believe that the case of the workers from Nokia GmbH, in the German region of Bochum, justifies European aid, as was previously given in Portugal. Aside from this aid, which is undeniably useful, the European Union must also take steps to promote a more robust and creative European market that will generate investment and jobs. That is the only way to tackle this problem effectively, seriously and sustainably."@en1

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