Considerations on COM(2016)554 - Globalisation Fund application from Sweden - EGF/2016/002 SE/Ericsson - Main contents
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dossier | COM(2016)554 - Globalisation Fund application from Sweden - EGF/2016/002 SE/Ericsson. |
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document | COM(2016)554 |
date | October 11, 2016 |
(2) | The EGF is not to exceed a maximum annual amount of EUR 150 million (2011 prices), as laid down in Article 12 of Council Regulation (EU, Euratom) No 1311/2013 (3). |
(3) | On 31 March 2016, Sweden submitted an application to mobilise the EGF, in respect of redundancies in Ericsson (Telefonaktiebolaget LM Ericsson) in Sweden. It was supplemented by additional information provided in accordance with Article 8(3) of Regulation (EU) No 1309/2013. That application complies with the requirements for determining a financial contribution from the EGF as laid down in Article 13 of Regulation (EU) No 1309/2013. |
(4) | The EGF should, therefore, be mobilised in order to provide a financial contribution of EUR 3 957 918 in respect of the application submitted by Sweden. |
(5) | In order to minimise the time taken to mobilise the EGF, this decision should apply from the date of its adoption, |