Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-04-05-Speech-2-256-500"
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"en.20110405.13.2-256-500"2
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"The European Globalisation Adjustment Fund is a controversial mechanism. Officially, this fund enables the European Union to finance concrete actions to offset the effects of the crisis. It is as much use as a plaster on a wooden leg.
However, this mechanism is used on an ad hoc basis and only in certain cases. In reality it is being used to finance redundancy plans.
Today, the European Parliament has taken this hypocrisy even further by allocating a proportion of this fund to Unilever, which has just closed its Czech Republic factories and made over 600 people redundant, while its net profits have risen by 26% to EUR°4.6°billion.
I therefore voted against this report, which raises a more general issue than that of the Unilever case. How can national and European public bodies, given the employment crisis we are facing, continue to use public money to subsidise multinational companies which lay off employees despite being in profit, and which are therefore putting their shareholders’ interests before their employees’?"@en1
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