Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-12-15-Speech-4-232-500"

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"en.20111215.23.4-232-500"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. An increasing number of companies are relocating, taking advantage of reduced labour costs in a number of countries, particularly China and India, with a damaging effect on countries that respect workers’ rights. The EGF aims to help workers who are victims of the relocation of companies, and it is essential for facilitating access to new employment. The EGF has been used by other EU Member States in the past, so now it is appropriate to grant this aid to France, which has applied for assistance relating to 4 445 redundancies, 3 582 of which are targeted for assistance, from the enterprise Renault s.a.s. and seven of its suppliers from the automotive industry"@en1

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