003 IT Porto Canale - Main contents

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dossier	COM(2021)935 - Globalisation Fund application from Italy - EGF/2021/003 IT Porto Canale.
document	COM(2021)935
date	December 15, 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 displaced workers and self-employed persons whose activity has ceased in the case 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 15 July 2021, Italy submitted an application to mobilise the EGF, in respect of workers’ displacements in Porto Industriale di Cagliari SpA in Italy. 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)	In accordance with Article 4(3) of Regulation (EU) 2021/691, the application from Italy is considered admissible since the territory concerned by the redundancies is a small labour market and the redundancies have a serious impact on employment and the regional economy.

(5)	The EGF should, therefore, be mobilised in order to provide a financial contribution of EUR 1 493 407 in respect of the application submitted by Italy.

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