Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-03-09-Speech-2-988"
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"en.20100309.18.2-988"2
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"The European Globalisation Adjustment Fund (EGF) was set up to provide additional assistance to workers made redundant as a consequence of significant changes in the structure of international trade. In this way, solutions are being sought for their reintegration into the labour market.
The European Union must use all measures at its disposal to react to the consequences of the global economic and financial crisis, and within this context, the EGF can play a crucial role in aiding the reintegration of workers who have been made redundant.
The interinstitutional agreement of 17 May 2006 allows the mobilisation of the EGF within the annual ceiling of EUR 500 million. The present proposal relates to the mobilisation of a total sum of EUR 1 118 893 from the EGF to assist Lithuania, with the aim of supporting the workers made redundant in the 128 firms operating in the civil construction sector.
It needs to be emphasised again that, within the context of mobilising the EGF, the Commission must not systematically transfer subsidies for payments from the European Social Fund, as the EGF was created as a specifically separate instrument, with its own objectives and prerogatives."@en1
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