Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-10-07-Speech-4-224"
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"en.20101007.29.4-224"2
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"I voted for the European Parliament Resolution on the mobilisation of the European Globalisation Adjustment Fund (EGF) for the Danfoss Group from Denmark because I believe that mobilising the EGF is an absolute must during the current economic crisis. On 8 September 2009, Denmark submitted the request for financial assistance for mobilising the EGF in the case of the Danfoss Group, which made 1 443 employees redundant. The economic and financial crisis has led to a slump in demand for mechanical and electronic equipment. Trends in the machinery and equipment production sector changed dramatically in the EU in Q4 2008 in both Denmark and Germany, where falls in production in excess of 25% were seen. Sales of Danfoss mechanical and electronic equipment fell in 2008 by up to 52% in Europe, 48% in the US and 23% in the Asia-Pacific region. Due to the competition from Asian firms in this sector, whose wage costs are significantly lower than those in the EU, the Danfoss Group has gradually relocated its production from Denmark to third countries, which has had a serious impact on the labour market. I call on the Commission to develop an ambitious, green industrial policy, capable of guaranteeing the EU’s global competitiveness and preserving jobs in the EU."@en1
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