Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-11-16-Speech-3-197-750"

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"en.20111116.18.3-197-750"2
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"The EU is an area of solidarity and the European Globalisation Adjustment Fund (EGF) is a part of that. This support is essential for helping the unemployed and victims of company relocations that occur in the context of globalisation. More and more companies are relocating, taking advantage of lower labour costs in a number of countries, particularly China and India, with a damaging effect on those countries that respect workers’ rights. The EGF, which aims to help workers who fall victim to the relocation of companies, is essential for facilitating access to new employment. The EGF has been used by other EU countries in the past, so now it is appropriate to grant this aid to Austria, which has applied for assistance with regard to 2 338 redundancies, of which 502 are targeted for assistance, at 706 enterprises operating in NACE Revision 2 Division 49 (‘land transport and transport via pipelines’) in the NUTS II regions of Niederösterreich (AT12) and Oberösterreich (AT31)."@en1

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