Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-06-12-Speech-2-183-000"
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"en.20120612.15.2-183-000"2
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"As a result of the credit crunch, many small and medium-sized enterprises found themselves in serious difficulties. The business model of the Comunidad Valenciana is characterised by a high proportion of small and medium-sized enterprises, which predominantly specialise in the manufacture of furniture, shoes, textiles, ceramics and toys. These businesses are concentrated on the outskirts of a limited number of municipalities. The redundancies in the Comunidad Valenciana region were caused by a radical market change in the shoe industry, in which third countries – above all, China and India, but also Vietnam and Indonesia – increasingly dominate the global trade in shoes. Generally speaking, in the shoe industry, most menial processes have been offshored to cheaper, non-EU countries, with only the high-value production steps, such as product design and product marketing, remaining in the EU. I voted in favour of the use of the European Globalisation Adjustment Fund as all the criteria for its mobilisation are satisfied."@en1
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