Norte-Centro Automotive from Portugal - Main contents

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dossier	COM(2011)664 - Globalisation Fund application EGF/2011/005 PT/Norte-Centro Automotive from Portugal.
document	COM(2011)664
date	December 13, 2011

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)

Portugal submitted an application on 6 June 2011 to mobilise the EGF in respect of redundancies in three enterprises operating in the NACE Revision 2 Division 29 (‘Manufacture of motor vehicles, trailers and semi-trailers’) in the NUTS II regions of Norte (PT11) and Centro (PT16), and supplemented it by additional information up to 18 July 2011. This application complies with the requirements for determining the financial contributions laid down in Article 10 of Regulation (EC) No 1927/2006. The Commission, therefore, proposes to mobilise an amount of EUR 1 518 465.

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