Local view for "http://purl.org/linkedpolitics/eu/plenary/2006-05-17-Speech-3-038"
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"en.20060517.3.3-038"2
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"Ladies and gentlemen, in the agreement, we are preparing to introduce a protective mechanism known as the European Globalisation Adjustment Fund, and to invest EUR 3.5 billion in it. I am fundamentally opposed to this. I strongly believe that in a further populist move, we are handing out fish where we should be learning how to catch fish ourselves. The Globalisation Fund does not have the objective of creating new jobs in sectors with long-term opportunities. It is seeking something entirely different. It is seeking to support those who lose work as a consequence of companies escaping from the tight reins of the EU. Instead of abolishing directives, opening up the market for services and labour and cutting taxes, we are currying favour with the citizens with a pipe dream of short-term social gain. Does anybody in this Chamber really think that greater support for the unemployed would lead to the creation of new jobs? Furthermore, with the establishment of the Fund we are creating a completely false impression that it is possible to protect the EU from the rest of the world. Ladies and gentlemen, just as we do not control the wind or the rain, we do not have the power to stop capital from running away to a place where it feels better. We should keep that in mind."@en1
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