Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-14-Speech-3-204-718"

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"en.20110914.24.3-204-718"2
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"The low wage policy practised in some regions, particularly Asia, and specifically China, has not only caused many EU companies to relocate, but has also caused others to go out of business. This situation has come about in Austria, in the manufacture of printed circuit boards (PCBs). This report concerns a proposal for a decision of the European Parliament and the Council on the mobilisation of EUR 1 221 128 from the European Globalisation Adjustment Fund (EGF), with the aim of supporting the reintegration of Austrian workers made redundant as a result of the current economic and financial crisis. This application, the seventh to be examined within the framework of the 2011 EU budget, was submitted by Austria on 11 March 2010, and concerns 167 redundancies from the company AT&S, which specialises in the manufacture of PCBs. Given that this involves a specific budgetary instrument, and that the amount requested is legally acceptable and complies with the proposal for a decision on the mobilisation of the EGF for Austria, I am voting for this proposal, and hope that it contributes to alleviating the economic difficulties of the region’s inhabitants, and to revitalising the local economy."@en1

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