Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-07-05-Speech-2-314-750"

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"− The European Globalisation Adjustment Fund (EGF) was established to provide supplementary support to workers who suffer the consequences of the huge structural changes in international trade patterns. The fund may not exceed a maximum amount of EUR 500 million per year. On 6 May 2011 the Commission adopted a new proposal for a decision on the mobilisation of the EGF in favour of Denmark, with a view to supporting the reintegration into the labour market of workers made redundant as a result of the global financial and economic crisis. The request relates to 1 650 redundancies (of which 825 targeted for assistance) in the enterprise LM Glasfiber. The Commission’s assessment was based on the evaluation of the link between the redundancies and major structural changes in world trade patterns, bearing in mind the financial crisis the unforeseen nature of the redundancies concerned, a demonstration of the number of redundancies and compliance with the criteria. According to the evaluation, the application satisfies the eligibility criteria set up by the EGF Regulation, hence the Commission has advocated its approval to the budgetary authority. I voted in favour of the proposal in question in order to ensure a fast procedure, in accordance with the Interinstitutional Agreement, on adopting decisions relating to the mobilisation of the fund."@en1

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