Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-03-29-Speech-4-332-990"
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"en.20120329.36.4-332-990"2
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"This application for support from the European Globalisation Adjustment Fund (EGF) demonstrates the direct impact of the speculation bubble on the Spanish construction industry. Unbridled lending within the financial market and risky speculation on a continued rise in property prices have led to a collapse in the entire national market. As a consequence, countless small and medium-sized construction companies and suppliers have been ruined, resulting in widespread job losses among construction workers. The people, who have lost their jobs through no fault of their own, need this support. I have voted in favour of this report."@en1
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