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dossier	COM(2017)618 - Globalisation Fund application from Finland - EGF/2017/005 FI/Retail.
document	COM(2017)618
date	December 12, 2017

table>(1)The European Globalisation Adjustment Fund (EGF) aims to provide support for workers made redundant and self-employed persons whose activity has ceased as a result of major structural changes in world trade patterns due to globalisation, as a result of a continuation of the global financial and economic crisis, or as a result of a new global financial and economic crisis, and to assist them with their reintegration into the labour market.

(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 12 June 2017, Finland submitted an application to mobilise the EGF, in respect of redundancies in 3 enterprises operating in the retail sectorin the following regions: Länsi Suomi, Helsinki-Uusimaa, Etelä-Suomi and Pohjois- ja Itä-Suomi in Finland. 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 2 499 360 in respect of the application submitted by Finland.

(5)	In order to minimise the time taken to mobilise the EGF, this decision should apply from the date of its adoption,