Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-28-Speech-3-196-000"
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"en.20110928.19.3-196-000"2
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"One of the criteria for the Commission’s assessment was the evaluation of the link between the redundancies and major structural changes in world trade patterns or the financial crisis, and in this particular case, Portugal argues that the clothing and footwear industries were strongly hit by the crisis. These sectors are very vulnerable to external factors such as loss of consumer purchasing power. The economic recession had a negative impact on the labour market, unemployment levels rose, and this affected consumer confidence. As a consequence, manufacturing industries experienced a sharp drop in sales and production. The Portuguese authorities report that Portugal recorded a decline in GDP over the last two quarters of 2008 and in 2009 (a 4% decrease according to the Banco de Portugal). Both clothing and footwear industries recorded a decrease in exports (EUR 24 million in clothing, EUR 6 million in footwear). Portuguese footwear exports declined in 2009 to EUR 1 207 million, representing 6.4 % less than those of the previous year."@en1
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The resource appears as object in 2 triples