Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-06-15-Speech-2-256"
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"en.20100615.24.2-256"2
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"The recent financial earthquake has left many people unemployed or underemployed. It is good that the EU is based on the principle of solidarity. Since the European Globalisation Adjustment Fund (EGF) was established in 2006, almost 30 applications have been made for amounts totalling EUR 154 million and assistance has been provided for 33 000 workers throughout Europe. This assistance has covered many different sectors, including the computer industry and the mobile phone and motor vehicle industry sectors.
The Baltic States were dealt a painful blow by the financial crisis. Between October 2008 and July 2009, more than 1 600 workers employed by Lithuanian construction companies lost their jobs. Half of these failed to find another job or retired and required assistance. The majority of costs are covered by the EGF, the rest are covered by Lithuania’s Employment Fund. I would like to thank the EGF for providing assistance which is selected very carefully and is socially responsible. One specific example: up to May 2009, 651 people employed by Lithuania’s AB ‘Snaigė’ (refrigeration equipment manufacturer) and two of its suppliers lost their jobs over a five month period. That had a direct impact on workers and their families, as well as on the city of Alytus, where ‘Snaigė’ is based. Given the situation that had come about, a large part of EGF money was allocated to the workers. The money granted will offer workers the opportunity to find work and to study and retrain."@en1
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