Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-09-11-Speech-2-284-000"
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"en.20120911.32.2-284-000"2
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"I voted in favour of the report on the mobilisation of the European Globalisation Adjustment Fund (EGF) for Spain, in order to support 320 people made redundant from 377 enterprises in the construction sector in the region of Aragón. The economy in this particular region has been hard hit, as the globalisation of the market has had an adverse impact on important sectors of the economy, such as construction. This situation, in conjunction with the problems faced by the automotive sector in that region, has made Aragón one of the most economically fragile regions in Spain. The adverse impact of globalisation, in conjunction with the economic crisis that continues to grip Spain, illustrates even more the added value of the EGF as an instrument of EU social policy. The targeted financial support which it provides under retraining and reintegration programmes for workers hit by mass redundancies is especially important. Furthermore, the support which it provides is a real expression of EU solidarity. The Spanish regions are in the process of rationalisation and drastic cutbacks. EGF support will help in the fight against unemployment, without putting any significant pressure on efforts to restructure under the Spanish national budget or the region’s budget."@en1
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