Considerations on COM(2010)205 - Globalisation Fund application EGF/2009/020 ES/Castilla-La Mancha

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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 9 October 2009 to mobilise the EGF, in respect of redundancies in 36 enterprises operating in the NACE Revision 2 division 16 (‘Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials’) sector in a single NUTS II region, Castilla-La Mancha (ES42) 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 1 950 000.

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