Local view for "http://purl.org/linkedpolitics/eu/plenary/2015-10-06-Speech-2-518-750"
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"en.20151006.30.2-518-750"2
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"This fund relates to BE/FORD GENK. The total budget for EGF for the period 2014-20 is EUR 1.05 billion
Belgium has applied EUR 6 258 654 to deal with a total of 5111 redundancies. The money is needed to deal with re-training and job search. Personalised services will be accessed through contractors who have managed to get ESF funding. There is an element of mobilisation within the Member States to access employment.
The blame factor is aimed at China and the decrease in demand for large passenger cars. 14.6% decrease in demand for these cars in the EU.
If it is the case that Ford cannot keep up with competition and innovation from emerging markets then the tax payer is not obliged to bail this company out from redundancy expenditure. I voted against."@en1
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