Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-10-23-Speech-2-537-001"
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"en.20121023.45.2-537-001"2
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"I welcome this vote to mobilise EUR 12 million from the European Globalisation Adjustment Fund (EGF) to help 2 089 workers, following redundancies in Peugeot in 2010, after it was rejected in 2011 because of the incomprehensible opposition of the Socialists. With an annual budget of EUR 500 million, the EGF allows the EU to cope better with the shocks linked to major structural changes in the global economy and helps to combat unemployment by financing training and occupational redeployment measures. This shows that the EU has the ambition, and equips itself with the resources, to put individuals and the real economy at the heart of its project. It is unfortunate, however, that some Member States are opposed to preserving this Fund for ideological reasons. Parliament will have to stand firm in the ongoing budget negotiations to ensure that the EGF has the resources it needs to respond to the challenges involved. Finally, the redundancies suffered by Peugeot employees remind us of the urgent need to create a ‘competitiveness shock’ through a massive reduction in the taxes that are suffocating our industries."@en1
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