000 TA 2010 - technical assistance at the initiative of the Commission - Main contents

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dossier	COM(2010)182 - Globalisation Fund EGF/2010/000 TA 2010 - technical assistance at the initiative of the Commission.
document	COM(2010)182
date	June 16, 2010

table>(1)The European Globalisation Adjustment Fund (EGF) was established to provide additional support to redundant workers who suffer from the consequences of major structural changes in world trade patterns 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)	Regulation (EC) No 1927/2006 provides that 0,35 % of the annual maximum amount can be made available each year for technical assistance at the initiative of the Commission. The Commission therefore proposes to mobilise an amount of EUR 1 110 000.

(5)	The EGF should, therefore, be mobilised in order to provide technical assistance at the initiative of the Commission,