Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-09-11-Speech-2-279-750"

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"en.20120911.32.2-279-750"2
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"I voted for this proposal. The Commission concluded that the application meets the conditions for deploying the EGF. One of the criteria for the Commission’s assessment was the evaluation of the link between the redundancies and major structural changes in world trade patterns or the financial crisis. Spanish authorities argue that the construction sector has been severely affected by the crisis. Loans to the construction sector and to individuals have been drastically reduced and the demand for new houses has decreased due to declining consumer confidence and the lack of liquidity. The Commission has recognised in its Economic Recovery Plan that the construction industry in the EU had seen demand plummet as a result of the crisis. The arguments presented in previous cases concerning the construction of buildings sector, and in which the redundancies were a direct result of the crisis, remain valid. The territory concerned by the redundancies is the autonomous community of Aragón."@en1
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