Establishing the European Globalisation Adjustment Fund (EGF)

2006/0033(COD)

Following the Interinstitutional Agreement of 17 May 2006 on the financial framework 2007-2013, the Commission drafted a revised legislative and financial statement which it set out in a working document.

The procedure for entering the European Globalisation Fund appropriations in the budget is aligned to the provisions in Point 28 of the Interinstitutional Agreement of 17 May 2006 on budgetary discipline and sound financial management. This document highlights how the commitment appropriations shall be entered into the budget.

The amounts set out in the initial proposal remain the same. 

For further information concerning the financial implications of this measure, please refer to the financial statement.