Mobilisation of the European Globalisation Adjustment Fund: redundancies in the mining sector in Spain

PURPOSE: to mobilise the European Globalisation Adjustment Fund (EGF) to assist Spain facing redundancies in the mining sector.

NON-LEGISLATIVE ACT: Decision (EU) 2017/1372 of the European Parliament and of the Council on the mobilisation of the European Globalisation Adjustment Fund following an application from Spain — EGF/2017/001 ES/Castilla y León mining.

CONTENT: with this Decision, the European Parliament and the Council have mobilised EUR 1 002 264 in commitment and payment appropriations under the European Globalisation Adjustment Fund (EGF) within the framework of the 2017 budget.

This amount is granted in response to the request from the EGF submitted by Spain on 20 January 2017 concerning redundancies in the coal and lignite sector in the region of Castilla y León.

In accordance with Regulation (EU) No 1309/2013 of the European Parliament and of the Council concerning the EGF for the period 2014-2020, the Spanish application is considered admissible insofar as these dismissals have a serious impact on employment and local, regional and national economy. Under the same Regulation, Spain has also decided to provide personalised services co-financed by the EGF to 125 young people not in employment, education or training (NEETs).

As a reminder, the EGF provides 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 and the financial crisis. The EGF has a maximum annual budget of EUR 150 million for the period 2014-2020.

ENTRY INTO FORCE: 25.7.2017. The Decision shall apply from 14.7.2017.