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/2014/004 ES/Comunidad Valenciana metal)

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 Spanish authorities submitted application EGF/2014/004 ES/Comunidad Valenciana metal for a financial contribution from the EGF, following redundancies and cessation of activities within the meaning of Article 3 of the EGF Regulation in 142 enterprises operating in the NACE Revision 2 division 25 (Manufacture of fabricated metal products, except machinery and equipment) in the NUTS level 2 region of Comunidad Valenciana (ES52).

After a thorough examination of this application, the Commission has concluded, in accordance with the applicable provisions of the EGF Regulation, that the conditions for awarding a financial contribution from the EGF are met.

ESO: Background information: Employment: Commission proposes one million euros from Globalisation Fund to help redundant workers in the metal sector in Spain http://www.europeansources.info/record/press-release-employment-commission-proposes-one-million-euros-from-globalisation-fund-to-help-redundant-workers-in-the-metal-sector-in-spain/

EUR-Lex: COM(2014)515: Follow the progress of this proposal through the decision-making procedure http://eur-lex.europa.eu/legal-content/EN/HIS/?uri=COM:2014:515:FIN

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