Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-06-15-Speech-2-995"

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"en.20100615.24.2-995"2
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"For reasons of political solidarity with my friends in the Group of the European People’s Party (Christian Democrats), I voted in favour of the report by my Italian colleague, Barbara Matera (PPE, IT), on the proposal for a decision on the mobilisation of the European Globalisation Adjustment Fund (EGF) for the sum of approximately EUR 6.6 million in aid to Spain, which is facing redundancies in the non-metallic mineral products sector. Without fundamentally questioning the European Commission’s analysis based on the data provided by the Kingdom of Spain, I find it strange that the European Globalisation Adjustment Fund should be mobilised for what is simply a consequence of the bursting of the property bubble in Spain. It is, in fact, the reduction in mortgages which accounts for the fall in the number of building permits issued and, hence, the consumption of tiles and ceramics and non-metallic mineral products. Where are we going with this type of reasoning? Can we seriously contend that this is an adjustment to globalisation? I also find that administrative costs of over EUR 400 000 are disproportionate, even if a EUR 60 000 study, the cost of which seems prohibitive, appears to be the root cause of the large amount. To be continued ..."@en1

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