Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-29-Speech-4-252-000"
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"en.20110929.18.4-252-000"2
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"Within the framework of the European response to the crisis, the aim of this revision was to broaden the scope of the European Globalisation Adjustment Fund (EGF) and make it a timely and more effective intervention instrument in a time of crisis, in accordance with the basic principles of solidarity and social justice. The amendments include, for example, a reduction in the number of workers laid off that is required when submitting an application for support from the EGF from 1 000 to 500, and extending the implementation period for measures supported from the EGF from 12 to 24 months. It has introduced a temporary exemption, with the aim: 1. of expanding the scope of the EGF so that it includes support for workers made redundant as a direct consequence of the financial and economic crisis; 2. of increasing the level of cofinancing of the EGF from 50% to 65%. The validity of the temporary exemption expires on 30 December 2011. During the consultation carried out by the Commission, the Member States stated that, without the temporary exemption, it would be impossible to submit most of the applications relating to the crisis, and that nearly 45 000 workers suffering the negative effects of the economic and financial crisis would remain without support from the EGF."@en1
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