Proposal for a Decision of the European Parliament and of the Council on the mobilisation of the European Globalisation Adjustment Fund, in accordance with Point 13 of the Interinstitutional Agreement of 2 December 2013 between the European Parliament, the Council and the Commission on budgetary discipline, on cooperation in budgetary matters and on sound financial management (application EGF/2014/013 EL/Odyssefs Fokas)

The rules applicable to financial contributions from the European Globalisation Adjustment Fund (EGF) are laid down in Regulation (EU) No 1309/2013 of the European Parliament and of the Council of 17 December 2013 on the European Globalisation Adjustment Fund (2014-2020) and repealing Regulation (EC) No 1927/2006 (the 'EGF Regulation').

The Greek authorities submitted application EGF/2014/013 EL/Odyssefs Fokas for a financial contribution from the EGF, following redundancies in Odyssefs Fokas S.A. in Greece.

Following its assessment of this application, the Commission has concluded, in accordance with all applicable provisions of the EGF Regulation, that the conditions for awarding a financial contribution from the EGF are met.

• Primary Source

EUR-Lex: COM(2014)702: Follow the progress of this proposal through the decision-making procedure http://eur-lex.europa.eu/legal-content/EN/HIS/?uri=COM:2014:702:FIN

ESO: Background information: Employment: Commission proposes €6.4 million from Globalisation Fund for former workers of the Fokas department stores in Greece http://www.europeansources.info/record/press-release-employment-commission-proposes-e6-4-million-from-globalisation-fund-for-former-workers-of-the-fokas-department-stores-in-greece/

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