Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-29-Speech-4-243-750"
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"en.20110929.18.4-243-750"2
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"I voted in favour of this resolution. The European Globalisation Adjustment Fund (EGF) was established to support measures for those workers who are most affected by massive job losses due to globalisation or the economic and financial crisis in the European Union and to help them reintegrate into the labour market. The EGF was intended to be a measure for rapid intervention in the event of mass redundancy in order to prevent long-term unemployment in difficult labour market conditions. Under the 2009 Economic Recovery Plan, its scope was extended to cover layoffs resulting from the financial and economic crisis. The greatest added value of the renewed EGF would be effective assistance for the training and retraining of workers with a view to helping them find work again in the difficult labour market situation resulting from the unforeseen restructuring of companies or sectors, resulting in or exacerbating a mismatch in vocational skills. Such an instrument would be a useful supplement to the measures funded by the European Social Fund (ESF) aimed primarily at helping with the adjustment to global challenges, and would contribute to sustainable economic growth. This instrument would ensure EU solidarity with workers affected by the negative consequences of restructuring and, on the other hand, would also enable all Member States to take advantage of timely, targeted and tailored help so as to avoid long-term unemployment."@en1
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