Ad
"The fund sends the wrong signal to European entrepreneurs" (Photo: European Commission)

Why the globalisation fund is a bad idea

On 1 March, the European Commission adopted a Regulation to install a "Globalisation Adjustment Fund". The President of the Commission José Manuel Barroso underlined that, "No Member State, not even one of the biggest, can respond to globalisation alone. The Fund is a kind of European insurance policy and will equip workers with new tools for new and better jobs. The fund is for citizens, people".

Up to 50,000 people could benefit from the fund, which will come from money allocated t...

Get EU news that matters

Back our independent journalism by becoming a supporting member

Already a member? Login here

Disclaimer

The views expressed in this opinion piece are the author’s, not those of EUobserver
"The fund sends the wrong signal to European entrepreneurs" (Photo: European Commission)

Tags

Ad
Ad
Ad