Proposal for a Decision on the mobilisation of the European Globalisation Adjustment Fund following an application from Spain

Author (Corporate)
Series Title
Series Details (2018) 686 final
Publication Date 22/02/2018
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Further information:

Spain submitted an application for a financial contibution in the frameworm of the EGF on 19 July 2017 and the European Commission concluded that the conditions for awarding a financial contribution from the EGF were met, following an assessment.

The former employees were made redundant by five firms in the municipality of Ordes in Galicia. Increased imports of textiles and clothing into the EU forced down prices, which caused the manufacturers to produce more offshore in lower-cost, non-EU countries.

The European Commission proposed on 28 November 2017 the allocation of a financial contribution from the European Globalisation Adjustment Fund to support redundancies in the clothing sector in Spain.

The European Parliament's budget committee approved the allocation of this contribution on 22 February 2018.

Source Link Link to Main Source http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=COM:2017:686:FIN
Related Links
European Parliament: Legislative Observatory: Mobilisation of the European Globalisation Adjustment Fund: redundancies in the clothing sector in Spain http://www.europarl.europa.eu/oeil-mobile/fiche-procedure/2018/2014(BUD)
European Parliament: Press Release, 22.02.18: Spain: €720,000 to help 303 former clothing industry employees find new jobs www.europarl.europa.eu/news/en/press-room/20180221IPR98329/

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