Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-03-13-Speech-2-108-000"
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"en.20120313.7.2-108-000"2
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"Mr President, the Globalisation Adjustment Fund has been a complete failure. Every year, the Commission takes EUR 500 million of taxpayers’ money and sprinkles it about in the vain hope of being seen to do something about job losses.
The functioning of this fund has been appalling. It is bureaucratic and inefficient with the Commission making up the rules as they go along. In 2009, we had the ridiculous situation of the Commission paying money to Ireland because Dell had relocated to Poland. That is not globalisation. That is the single market working. I wholeheartedly support the British, Czech and other governments who are blocking the extension of this absurd fund. Rather than pouring this money down the drain, we should return it to the taxpayers, who will spend it far more wisely than the European Union ever could."@en1
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