Local view for "http://purl.org/linkedpolitics/eu/plenary/2006-12-12-Speech-2-377"

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"en.20061212.45.2-377"2
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"One can only welcome the adoption of the report on the European Globalisation Fund (EGF), which marks a new position on the part of the EU when it comes to dealing with the social consequences of globalisation. Its implementation, as from January 2007, testifies to the desire of the European institutions to find an effective solution to relocations and to put the social rights of the individual back at the centre of the system. This fund will enable selective, individual aid to be offered to workers who have been made redundant on account of globalisation, so as to help them retrain for new jobs. While it is recognised that, by and large, the opening up of economies to competition is positive for growth and competitiveness, it can also lead to painful relocations and brutal job losses. The case of Volkswagen in Belgium is a perfect example of this. Admittedly, instruments for supporting employees affected by globalisation-related relocations already exist at Member State level. Nevertheless, the adoption of this report means that an instrument can be created at Community level that reflects the solidarity of the EU. This fund corresponds to a strong expectation on the part of Europeans and demonstrates the EU's ability to react swiftly when the solidarity of the people is at stake."@en1

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