PURPOSE: to mobilise the European Globalisation Adjustment Fund (EGF) to assist Sweden facing redundancies in the computer, electronic and optical product manufacturing sector.
NON-LEGISLATIVE ACT: Decision (EU) 2018/514 of the European Parliament and of the Council on the mobilisation of the European Globalisation Adjustment Fund following an application from Sweden — EGF/2017/007 SE/Ericsson.
CONTENT: with this Decision, the European Parliament and the Council mobilised the sum of EUR 2 130 400 in commitment and payment appropriations from the European Globalisation Adjustment Fund (EGF).
This amount is granted in response to Sweden’s application for EGF mobilisation in respect of 2 388 redundancies in Ericsson (Telefonaktiebolaget LM Ericsson) in Sweden.
The redundancies are the result of a continuation of major structural changes in world trade patterns due to globalisation.
This application fulfils the conditions for a financial contribution from the EGF in accordance with Regulation (EU) No 1309/2013. As a reminder, the EGF aims 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. The EGF is not to exceed a maximum annual amount of EUR 150 million for the period 2014-2020.
ENTRY INTO FORCE: 28.3. 2018. The decision applies from the date of its adoption, i.e. 14.3.2018.