Mobilisation of the European Globalisation Adjustment Fund: redundancies in aircraft repair and installation services in Ireland

PURPOSE: to mobilise the European Globalisation Adjustment Fund (EGF) to assist Ireland following redundancies in its aircraft repair and installation services.

NON-LEGISLATIVE ACT: Decision (EU) 2015/643 of the European Parliament and of the Council on the mobilisation of the European Globalisation Adjustment Fund (application EGF/2014/016 IE/Lufthansa Technik from Ireland).

CONTENT: by this Decision, the European Parliament and the Council decided to mobilise EUR 2 490 758 in commitment and payment appropriations from the European Globalisation Adjustment Fund in the framework of the 2015 budget.

This amount shall assist Ireland following redundancies in Lufthansa Technik Airmotive Ireland Ltd and two suppliers in Ireland.

Given that the Irish application complies with the requirements laid down in Regulation (EU) No 1309/2013 (EGF Regulation 2014-2020), the European Parliament and the Council decided to mobilise the abovementioned amount.

To recall, the European Globalisation Adjustment Fund (EGF) was established to provide support for workers made redundant and self-employed persons whose activity has ceased as a result of major structural changes in world trade patterns due to globalisation, as a result of a continuation of the global financial and economic crisis addressed in Regulation (EC) No 546/2009 of the European Parliament and of the Council, or as a result of a new global financial and economic crisis and to assist them with their reintegration into the labour market.

Council Regulation (EU, Euratom) No 1311/2013 laying down the multiannual financial framework for the years 2014-2020 allows the mobilisation of the EGF within a maximum annual amount of EUR 150 million.

ENTRY INTO FORCE: 15.04.2015.