País Vasco metal - Main contents

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dossier	COM(2021)618 - Globalisation Fund application from Spain - EGF/2021/001 ES/País Vasco metal.
document	COM(2021)618
date	November 25, 2021

table>(1)The European Globalisation Adjustment Fund for Displaced Workers (EGF) aims to demonstrate solidarity and promote decent and sustainable employment in the Union by providing support for workers made redundant and self-employed persons whose activity has ceased in the course of major restructuring events and assisting them in returning to decent and sustainable employment as soon as possible.

(2)	The EGF is not to exceed a maximum annual amount of EUR 186 million (in 2018 prices), as laid down in Article 8 of Council Regulation (EU, Euratom) 2020/2093 (3).

(3)

On 25 June 2021, Spain submitted an application to mobilise the EGF, in respect of workers’ displacements in the economic sector classified under the Statistical classification of economic activities in the European Community (‘NACE’) (4) Revision 2 division 25 (Manufacture of fabricated metal products, except machinery and equipment) in the Nomenclature of Territorial Units for Statistics (‘NUTS’) (5) level 2 region of País Vasco (ES21) in Spain. It was supplemented by additional information provided in accordance with Article 8(5) of Regulation (EU) 2021/691. That application complies with the conditions for a financial contribution from the EGF as laid down in Article 13 of Regulation (EU) 2021/691.

(4)	The EGF should, therefore, be mobilised in order to provide a financial contribution of EUR 1 214 607 in respect of the application submitted by Spain.

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