Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-03-13-Speech-2-120-000"
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"en.20120313.7.2-120-000"2
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"Mr President, since 2009, the fund has been used to help not only people who have lost their jobs as a result of globalisation, but also those who have been made unemployed as a consequence of the crisis. Measures of this kind are very useful as a short-term response. Targeted economic measures can help to prevent social injustice and emergency situations and also to support companies. However, it does not make sense to change the function of the European Globalisation Adjustment Fund (EGF) permanently. The derogation only provides for an increase in the EU’s contribution to around 65%. In the long term, that will be counterproductive. Appropriate cofinancing from the Member States will also guarantee that the money is used for the intended purposes. In addition, a permanently low level of involvement would reduce the responsibility taken by the Member States and the regions. However, their responsibility must be increased, in order to enable us to avoid future crises by making efficient use of funding."@en1
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