Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-12-13-Speech-2-232-500"
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"en.20111213.26.2-232-500"2
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"I voted for the report on the mobilisation of a total of EUR 3 918 850 from the European Globalisation Adjustment Fund (EGF) for Italy, with regard to 643 redundancies (of which 528 are targeted for assistance) from 323 enterprises carrying out activities in the building construction sector in the Trentino-Alto Adige/Sudtirol region, during the nine-month reference period between 1 March 2010 and 1 December 2010.
In recent years, the construction sector has been hit hard by the economic and financial crisis. Between 2008 and 2011, the new housing market in Italy contracted by 35.5% and the public works sector by 28.7%. Since the start of the crisis, 230 000 jobs have been lost in the construction sector in Italy.
The economic and financial crisis has led to a sharp drop in loans granted to the construction sector and to a fall in demand for new houses due to the decline in consumer confidence and the lack of funds. The available data confirms that the construction sector recorded a decline in the EU-27 for seven consecutive quarters (Q1/2009 to Q3/2010) compared with the same period in previous years, mainly due to the decrease in private investment in the residential sector.
I support the mobilisation of the EGF, but I call for data to be provided on the reintegration of the beneficiaries into the labour market."@en1
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