Frederic Bruggeman, project director for the Syndex cabinet (certified public accountant firm specialized in work's councils assistance), international coordinator of the European project Reflects on the capitalization of innovations in the conduct of reorganizations (*), gives his opinion on the draft Regulation creating the European Globalization Adjustment Fund (Ref. 06208)
Is the creation of the European Globalization Adjustment Fund a good thing?
It is rather good news. This initiative takes note of the reality of reorganizations, which quite simply means that governments cannot just “let things happen”, because the economic and social cost of globalization is much higher than its beneficial effects. The European Commission is going beyond the existing directives and is
making a step towards a direct regulating intervention, with a will to direct the action...
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