Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-12-13-Speech-2-227-500"

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"en.20111213.26.2-227-500"2
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"This report is in response to the 23rd application for mobilisation of the European Globalisation Adjustment Fund (EGF) examined under the 2011 budget. It concerns mobilisation of a total sum of EUR 3 918 850 from the EGF for Italy. It results from 643 redundancies, 528 of which are eligible for assistance, from 323 enterprises in the building construction sector. Italy’s building construction sector has been hit hard by the crisis. According to the Italian Government, loans to the building construction sector and to private individuals have been drastically reduced and demand for new residential housing has fallen, owing to declining consumer confidence and the lack of liquidity. The economic situation of both provinces under consideration here – Trentino-Alto Adige/Südtirol – deteriorated in 2009, and their growth was negative. Italy predicts the redundancies will have a significant impact at local level. We voted for mobilisation of the EGF so as to support the redundant workers. However, at the same time, we would reiterate here our criticism of both the unfair way in which the EGF is regulated and the fact that nothing is being done to avoid its repeated mobilisation. On the contrary, the policies implemented by the EU are merely sowing the seeds of other crises, meaning further redundancies and requests for mobilisation of the EGF can be envisaged."@en1

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