Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-10-20-Speech-2-277"
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"en.20091020.34.2-277"2
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"Not only have we revised the rules of the globalisation fund, we have also reprogrammed the European Social Fund with the fast-tracking of EUR 1.8 billion to reinforce active labour market policies.
On cohesion policy, we have also made some changes to simplify the rules and to frontload payments. This is a very important policy as well. I have already mentioned the EUR 550 billion of the stimulus plan and, of course, I may also mention the Globalisation Adjustment Fund as well as some other proposals that we have made.
Unfortunately, I have to say that there was one idea the Member States did not follow, namely to suspend cofinancing for the Social Fund. We put this on the Council table, but it was rejected. I still hope that with your support, we can have that, because there are some countries that simply do not have the financial means to complement the funding for the Social Fund out of their own money. So we are also using to the maximum all the instruments we have at Community level to back up what the Member States can do themselves to fight this unemployment."@en1
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