Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-29-Speech-4-060-000"
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"en.20110929.3.4-060-000"2
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"The EGF was designed as a tool for rapid intervention in the event of mass redundancies, with a view to preventing long-term unemployment in difficult labour market conditions; whereas the original aim of the EGF as an instrument was to alleviate, within a short timeframe, acute and unforeseen labour market problems caused by the dismissal of a large number of workers either from big companies or from SMEs operating in a particular sector and in a particular region. The long-term Europe 2020 objectives aimed at increasing employment and employability rates are supported by the European Social Fund. Notwithstanding the limited funds available to it and the scale of the economic crisis Europe faces, the Globalisation Adjustment Fund has played an important role in helping groups of workers adjust to new employment situations."@en1
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