Comunidad Valenciana - Main contents

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dossier	COM(2010)216 - Globalisation Fund application EGF/2009/014 ES/Comunidad Valenciana.
document	COM(2010)216
date	June 16, 2010

table>(1)The European Globalisation Adjustment Fund (EGF) was established to provide additional support for workers made redundant as a result of major structural changes in world trade patterns due to globalisation and to assist them with their reintegration into the labour market.

(2)	The scope of the EGF was broadened for applications submitted from 1 May 2009 to include support for workers made redundant as a direct result of the global financial and economic crisis.

(3)	The Interinstitutional Agreement of 17 May 2006 allows the mobilisation of the EGF within the annual ceiling of EUR 500 million.

(4)

Spain submitted an application on 2 September 2009 to mobilise the EGF, in respect of redundancies in 181 enterprises operating in the NACE Revision 2 division 23 (‘Manufacture of other non-metallic mineral products’) sector in a single NUTS II region, Comunidad Valenciana (ES52), and supplemented it by additional information until 22 February 2010. This application complies with the requirements for determining the financial contributions as laid down in Article 10 of Regulation (EC) No 1927/2006. The Commission therefore proposes to mobilise an amount of EUR 6 598 735.

(5)	The EGF should, therefore, be mobilised in order to provide a financial contribution for the application submitted by Spain,