Considerations on COM(2010)685 - Globalisation Fund application EGF/2010/012 NL/Noord Holland ICT from the Netherlands

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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)The Netherlands submitted an application on 8 April 2010 to mobilise the EGF, in respect of redundancies in two enterprises operating in the NACE Revision 2 Division 46 (‘Wholesale trade, except of motor vehicles and motorcycles’) in the NUTS II region of Noord Holland (NL32) and supplemented it with additional information up to 5 August 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 2 557 135.

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