Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-03-09-Speech-2-994"

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"en.20100309.18.2-994"2
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"The European Globalisation Adjustment Fund (EGF) was set up to provide additional assistance to workers made redundant as a consequence of significant changes in the structure of international trade. In this way, solutions are being sought for their reintegration into the labour market. The interinstitutional agreement of 17 May 2006 allows the mobilisation of the EGF within the annual ceiling of EUR 500 million. The present proposal relates to the mobilisation of a total sum of EUR 6 199 341 from the EGF to assist Germany, with the intention of providing assistance to workers made redundant within the Karmann Group, an automotive firm. According to Article 6 of the EGF regulations, we must ensure that this fund supports the individual reintegration of workers made redundant in new firms. The EGF is not a replacement for actions that are the responsibility of firms under national legislation or collective agreements, nor does it finance the restructuring of firms or sectors. It needs to be emphasised again that, within the context of mobilising the EGF, the Commission must not systematically transfer subsidies for payments from the European Social Fund, as the EGF was created as a specifically separate instrument, with its own objectives and prerogatives."@en1

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