Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-03-29-Speech-4-332-000"
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"en.20120329.36.4-332-000"2
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"This report approves the mobilisation of the European Globalisation Adjustment Fund (EGF), the purpose of which is to benefit Spain by supporting the reintegration in the labour market of workers made redundant as a result of the economic and financial crisis. This case concerns the mobilisation of EUR 1 642 030 in order to provide assistance to more than 1 100 civil construction workers made redundant in more than 500 companies in Comunidad Valenciana. There have been requests for the mobilisation of the EGF in cases of mass redundancies of workers across Europe due to the worsening of the crisis. We can therefore only regret the Council’s decision not to extend the crisis derogation, which increased the rate of EU cofinancing to 65%, beyond 31 December 2011. This means that the countries with the greatest economic and social difficulties – those where the most companies have gone bankrupt and where there is the most unemployment – are those that will least be able to make use of the EGF. We will continue to insist on the increase in EGF cofinancing, especially for countries that are in a fragile state financially, like Portugal, in order to ensure that the national contribution does not exceed 5% of the total financing planned."@en1
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