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Mobilisation of the European Globalisation Adjustment Fund: redundancies in the shipbuilding industry in Denmark

2012/2110(BUD)

PURPOSE: to mobilise the European Globalisation Adjustment Fund (EGF) in respect of redundancies in the shipbuilding sector in Denmark.

NON-LEGISLATIVE ACT: Decision 2012/537/EU of the European Parliament and of the Council on the mobilisation of the European Globalisation 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 (application EGF/2011/008 DK/Odense Steel Shipyard from Denmark).

CONTENT: by this Decision, the European Parliament and the Council have decided to mobilise the amount of EUR 6 455 104 in commitment and payment appropriations from the European Globalisation Adjustment Fund in the framework of the 2012 budget.

This amount shall assist Denmark in respect of 981 redundancies in the Odense Steel Shipyard primary enterprise and in four suppliers and downstream producers.

Given that the request for intervention from Denmark fulfils the conditions laid down in accordance with Regulation (EC) No 1927/2006, the European Parliament and the Council have decided to grant the above-mentioned amount.

To recall, the European Globalisation Adjustment Fund (EGF) was established 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 European Globalisation Adjustment Fund (EGF) through a flexibility mechanism, within the annual ceiling of EUR 500 million over and above the relevant headings of the financial framework. It should also be noted that the scope of the EGF was broadened for applications submitted from 1 May 2009 to include support for workers made redundant as a direct result of the global financial and economic crisis.