Comunidad Valenciana textiles from Spain - Main contents

Please note

This page contains a limited version of this dossier in the EU Monitor.

dossier	COM(2014)45 - Globalisation Fund application EGF/2013/008 ES/Comunidad Valenciana textiles from Spain.
document	COM(2014)45
date	March 11, 2014

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)	Regulation (EU, Euratom) No 1311/2013 allows the mobilisation of the EGF within the annual ceiling of EUR 150 million.

(3)

Spain submitted an application to mobilise the EGF on 8 October 2013 in respect of redundancies in 198 enterprises operating in the NACE Revision 2 Division 13 (Manufacture of textiles) in the NUTS II region of Comunidad Valenciana (ES52), and supplemented it by additional information up to 5 November 2013. 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 840 000.

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