Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-06-12-Speech-2-182-875"
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"en.20120612.15.2-182-875"2
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"The EU is an area of solidarity, and the European Globalisation Adjustment Fund (EGF) falls within this. This support is essential for helping the unemployed and victims of company relocations which occur in the context of globalisation. An increasing number of companies are relocating, taking advantage of cheaper labour costs in various countries, particularly China and India, with a damaging effect on those countries that respect workers’ rights.
The EGF aims to assist workers who are victims of company relocations, and it is essential for helping them find new employment. In the past, the EGF has been used by other EU Member States. Therefore, it is now appropriate to grant this aid to Spain, which has applied for assistance in relation to 876 redundancies, all targeted for assistance, across 146 enterprises operating in NACE Revision 2 Division 15 (Manufacture of leather and related products) in the NUTS II region of Comunidad Valenciana (ES52) in Spain."@en1
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