Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-14-Speech-3-213-500"
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"en.20110914.24.3-213-500"2
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"The request is for the mobilisation of a total of EUR 8 824 908 from the EGF for Austria. It relates to 1 180 workers who lost their jobs at 54 enterprises whose activities fall under the NACE Revision 2 classification, division 24 ('Manufacture of basic metals'), affecting the regions of Steiermark and Niederösterreich over the nine-month reference period from 1 April 2009 to 31 December 2009.
The link between the redundancies and major structural changes in world trade or the financial crisis was evaluated, which in this particular case related to the drop in world demand for metals as a result of the crisis, and which had a particularly marked impact on the export of metals from Austria. According to Eurostat and the Austrian statistics office, in 2009 metals exports were down 38.6% compared with the previous year.
Although the metals industry is generally subject to cyclical fluctuations, the speed and intensity of the drop resulting from the crisis could not be foreseen and came as a surprise for the industry as a real growth in GDP had been predicted."@en1
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