Mobilisation of the European Globalisation Adjustment Fund: redundancies in electronics manufacturing services in Denmark

PURPOSE: to mobilise the European Globalisation Adjustment Fund (EGF) in respect of redundancies in electronics manufacturing services in Denmark.

NON-LEGISLATIVE ACT: Decision 2013/14/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/2011/013 DK/Flextronics from Denmark).

CONTENT: with this Decision, the European Parliament and the Council have decided to mobilise the amount of EUR 1 370 910 in commitment and payment appropriations from the European Globalisation Adjustment Fund in the framework of the 2012 budget.

This amount will assist Denmark hit by redundancies in Flextronics International Denmark A/S.

Given that this application complies with the requirements for determining the financial contributions as laid down in Regulation (EC) No 1927/2006 (EGF), the abovementioned amount has been granted to Denmark 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 allows for the mobilisation of the Fund through a flexibility mechanism, within the annual ceiling of EUR 500 million.