Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-29-Speech-4-175-000"
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"en.20110929.18.4-175-000"2
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"The European Globalisation Adjustment Fund (EGF) was set up in 2006 under Regulation (EC) No 1927/2006 with the main aim of showing solidarity and providing support to workers losing their jobs as a result of changes in global trade. In response to the extent and rapid development of the financial and economic crisis, the Commission planned a revision of Regulation (EC) No 1927/2006 in its European Economic Recovery Plan. Within the framework of the European response to the crisis, the aim of this revision was to broaden the scope of the fund and make it a more effective intervention instrument in a time of crisis, in accordance with the basic principles of solidarity and social justice. In view of the expected continuing impact of the crisis, leading to the closure of businesses and to the need for fiscal consolidation in the Member States, there is clearly a case for extending the validity of the crisis-related exemption under Regulation (EC) No 1927/2006. The proposal is therefore to extend the validity of the temporary crisis-related exemption from 30 December 2011 until 31 December 2013, in other words, up to the end of the implementation period for Regulation (EC) No 1927/2006. This will allow the Member States to continue submitting applications for support from the EGF to help workers who are still being laid off as a result of the financial and economic crisis. In my opinion, Regulation (EC) No 1927/2006 should therefore be amended accordingly."@en1
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