Considerations on COM(2014)116 - Globalisation Fund application EGF/2012/004 ES/Grupo Santana from Spain

Please note

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

 
 
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 EGF shall not exceed a maximum annual amount of EUR 150 million (2011 prices), as laid down in Article 12 of Regulation (EU, Euratom) No 1311/2013.

(3)Spain submitted an application to mobilise the EGF on 16 May 2012 in respect of redundancies in the enterprise Grupo Santana and 15 suppliers and downstream producers and supplemented it by additional information up to 28 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 1 964 407.

(4)Notwithstanding Regulation (EC) No 1927/2006 being repealed, it shall continue to apply for applications submitted up to 31 December 2013 by virtue of Article 23, second subparagraph of Regulation (EU) No 1309/2013.

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