Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-29-Speech-4-248-000"

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"The resolution is marred by a vision of the Europe 2020 strategy that we do not share. In addition, we have condemned the fact that the European Globalisation Adjustment Fund (EGF) is a merely palliative measure in the context of worsening unemployment as a result of EU structural policies that jeopardise European industry and make life easier for multinationals, which do not accept any social responsibility. Furthermore, the EGF uses funding criteria that are deeply unfair and lead to situations like the ones we have already experienced in this plenary session, in which, for a similar number of workers, we have approved about EUR 4.4 million in EGF aid to Germany, almost EUR 3.9 million to Denmark and only EUR 1.4 million to Portugal, despite the fact that Portugal is in the worst state. However, there is also a positive side to the resolution: the proposal to amend the cofinancing rate required of Member States, which is 35% of the total amount provided. In order to mitigate this situation, let us hope that the Commission bears in mind the need to reduce the national cofinancing rate and converges on our proposal to reduce it to only 5%, especially for countries that are in a fragile state financially, like Portugal. That is why we voted in favour."@en1

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