Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-28-Speech-3-194-500"
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"en.20110928.19.3-194-500"2
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"I welcomed this document because the European Globalisation Adjustment Fund was created in order to provide additional assistance to workers suffering the consequences of major structural changes in world trade patterns. On 17 August 2011, the Commission adopted a new proposal for a decision on the mobilisation of the EGF in favour of Portugal in order to support the reintegration into the labour market of workers made redundant as a result of the global financial and economic crisis. One of the Commission’s assessment criteria is the existence of a link between the redundancies and major structural changes in world trade patterns or the financial crisis. In this particular case, Portugal argues that the clothing and footwear industries have been strongly hit by the crisis. These sectors are very vulnerable to external factors such as the loss of consumer purchasing power. The economic recession has had a negative impact on the labour market, unemployment levels have risen, and this has affected consumer confidence. The coordinated package of personalised services to be funded, including its compatibility with actions funded by the Structural Funds, includes measures for re-integrating the workers into the labour market: information and guidance, recognition, validation and certification of competences, vocational training, grants for training at personal initiative, support for self-placement, entrepreneurial support, support for business start-up, and integration plans, and so forth."@en1
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