Mobilisation of the European Globalisation Adjustment Fund: redundancies in telecommunications sector in Germany

PURPOSE:  to mobilise the European Globalisation Adjustment Fund (EGF) for two cases of redundancies in the mobile phone sector in Germany.

LEGISLATIVE ACT: Decision of the European Parliament and of the Council 2009/843/EC on the mobilisation of the European Globalisation Adjustment Fund, in accordance with point 28 of the Interinstitutional Agreement of 17 May 2006 between the European Parliament, the Council and the Commission on budgetary discipline and sound financial management.

CONTENT: with this Decision, the European Parliament and the Council have deployed EUR 5 553 850 in commitment and payment appropriations from the European Globalisation Fund (EGF) in the framework of the 2009 budget. This amount is shall assist Germany after it submitted an application to mobilise the EGF, in respect of workers made redundant by Nokia GmbH on 6 February 2009.

Given that this application complies with the requirements for determining the financial contributions as laid down in Article 10 of Regulation (EC) No 1927/2006 (EGF), the abovementioned amount has been granted to Germany to meet its request.

To recall, the European Globalisation Adjustment Fund (EGF) aims to provide additional support to redundant workers who suffer from the consequences of major structural changes in world trade patterns and to assist them with their reintegration into the labour market. The Interinstitutional Agreement of 17 May 2006 on budgetary discipline allows for the mobilisation of the Fund through a flexibility mechanism, within the annual ceiling of EUR 500 million.