Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-14-Speech-3-208-062"

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"The EU is an area of solidarity and the European Globalisation Adjustment Fund (EGF) is a part of that. This support is essential for helping the unemployed and victims of company relocations that occur within a globalised context. More and more companies are relocating, taking advantage of lower labour costs in a number of countries, particularly China and India, with a damaging effect on those countries that respect workers’ rights. The EGF aims to help workers who are victims of the relocation of companies, and it is essential for facilitating access to new employment. The EGF has been used by other EU countries in the past, so now it is appropriate to grant this aid to Austria, which has applied for assistance with regard to 167 cases of redundancy, of which 74 are targeted for assistance, at the company AT&S, specialising in the manufacture of printed circuit boards (PCBs), in the district of Leoben, in the region of Eastern Upper Styria."@en1

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