Mobilisation of the European Globalisation Adjustment Fund: redundancies in printing machinery manufacturing in Germany

PURPOSE: to mobilise the European Globalisation Adjustment Fund (EGF) in respect of redundancies in the printing machinery manufacturing industry in Germany.

NON-LEGISLATIVE ACT: Decision 2012/732/EU of the European Parliament and of the Council 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 (application EGF/2012/002/DE/manroland from Germany.

CONTENT: by this Decision, the European Parliament and the Council have decided to mobilise the amount of EUR 5 352 000 in commitment and payment appropriations from the European Globalisation Adjustment Fund in the framework of the 2012 budget.

This amount shall assist Germany in respect of redundancies in the printing machinery manufacturer manroland AG and two of its subsidiaries, as well as one supplier.

Given that the request for intervention from Germany 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 recap, 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.