Fund to support workers and firms detrimentally affected by the EU-USA free trade agreement (TTIP)

22.12.2014

Question for written answer E-011219-14
to the Commission
Rule 130
Mara Bizzotto (NI)

According to a recent study edited by the economist Jeronim Capaldo of the ILO (International Labour Organisation), the TTIP (Transatlantic Trade and Investment Partnership — the EU-USA free trade agreement) could lead to an increase in transatlantic trade at the expense of intra-European trade. This means the TTIP could end up leading to greater integration with the United States, while reversing the integration among EU countries that European citizens have made so many sacrifices to achieve.

Although it is impossible to predict with any certainty what the effects of the TTIP will be, is the Commission going to make provision for a support fund, other than the EGF, to assist any firms, workers or others who are detrimentally affected by the TTIP? If so, what funds will be made available and under what mechanism? If not, what is it planning to do to help them?