Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-12-15-Speech-4-230-937"
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"en.20111215.23.4-230-937"2
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"I voted in favour of this resolution on the mobilisation of the European Globalisation Adjustment Fund (EGF) for France with a view to granting EUR 24.5 million in commitment and payment appropriations. The European Globalisation Adjustment Fund grants support to and helps reintegrate in the labour market workers made redundant as a result of major structural changes in world trade patterns due to globalisation and as a direct effect of the global financial and economic crisis. In October 2009, France submitted an application and requested assistance in respect of 4 445 redundancies (of which 3 582 are targeted for assistance) in the enterprise Renault s.a.s. and seven of its suppliers from the automotive industry. Since 2008, Renault has been severely affected by the increasing cost of credit and the hardening of credit conditions resulting from the global financial and economic crisis. As a result, demand for Renault cars dropped and the enterprise’s economic situation worsened. According to the Commission’s assessment, the application fulfils the eligibility criteria set out in the EGF Regulation. I agree to the EGF being mobilised to provide a financial contribution for the application submitted by France in order to support the reintegration into the labour market of workers made redundant due to the global financial and economic crisis."@en1
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