Traduction de «Ajustement dans la croissance » (Français → Anglais) :

- Reserve for competitiveness (up to a maximum of EUR 7 billion): new instrument replacing the Growth Adjustment Fund, proposed by the Commission, to be mobilised to boost growth and competitiveness and to allow the Union to react to economic changes;

new instrument replacing the Growth Adjustment Fund, proposed by the Commission, to be mobilised to boost growth and competitiveness and to allow the Union to react to economic changes;

Mr Cottigny’s report refers to this as a growth adjustment fund, and I propose that, in order to avoid any confusion, we revert to the name used by the European Commission, that is to say a European globalisation adjustment fund.

- Reserve for competitiveness (up to a maximum of EUR 7 billion): new instrument replacing the Growth Adjustment Fund, proposed by the Commission, to be mobilised to boost growth and competitiveness and to allow the Union to react to economic changes; - Reserve for cohesion (up to a maximum of EUR 3 billion): new instrument aiming to develop a mechanism to be mobilised to react to economic shocks and abrupt changes in EU regions and Member States eligible under Heading 1b) even through the reprogramming of unused appropriations; - Reserve: Emergency Aid (up to a maximum of EUR 1.5 billion): existing instrument to be placed outside the ...[+++]Financial Perspective; - Reserve: Solidarity Fund (up to a maximum of EUR 6.2 billion) existing instrument that is already outside the Financial Perspective and that the Commission proposes to budget under the ceiling; - Reserve for loans guarantee (up to a maximum of EUR 3.0 billion): part of this reserve existed under Heading 4; the principle should be extended to guarantee the financing of transport and infrastructure projects; this instrument should be placed outside the Financial Perspective; - Reserve for flexibility (up to a maximum of EUR 3.5 billion): existing instrument already placed outside the Financial Perspective and with an increased amount of EUR 500 million;

Growth Adjustment Fund: this new instrument with an allocation of 1 billion per year is a specific reserve for heading 1 a) which would be available under the ceiling of this heading and mobilised for short term restructuring activities ( fisheries, support to the textile industry) in view of optimising the growth objectives.

This process of deregulation will ensure the highest level of competition on the market, in itself a source of economic adjustement and of stronger economic growth.