| Author (Corporate) | Council of the European Union, European Parliament |
|---|---|
| Series Title | Official Journal of the European Union |
| Series Details | L 175, Pages 15-16` |
| Publication Date | 10/07/2023 |
| Content Type | Legislation, Policy-making |
Summary:Decision (EU) 2023/1430 - adopted by the co-legislators on 15 March 2023 - mobilising the European Globalisation Adjustment Fund (EGF) in response to application EGF/2022/002 BE TNT. Further information:The European Globalisation Adjustment Fund (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, or as a result of a new global financial and economic crisis, and to assist them with their reintegration into the labour market. Belgium submitted an application for a financial contribution from the EGF in October 2022, seeking to address displacements in TNT Express Worldwide (Euro Hub) SRL, the Belgian subsidiary of FedEx. The dismissals resulted from the company's decision to downsize operations at Liège Airport and move those operations to Paris-Charles de Gaulle airport. Following an assessment of this application, the European Commission concluded that the conditions for awarding a financial contribution from the EGF had been met. On 8 February 2023, the Commission adopted a draft Decision to allocate a financial contribution of around €1.9 million in respect of the application submitted by the Belgian authorities. The Council of the European Union endorsed it on 17 February, followed by the plenary of the European Parliament on 14 March. The Decision was formally signed by the co-legislators on 15 May 2023 and published in the Official Journal on 10 July 2023. |
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| Source Link | Link to Main Source http://data.europa.eu/eli/dec/2023/1430/oj |
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| Subject Categories | Employment and Social Affairs |
| Subject Tags | Labour Market |
| Keywords | European Globalisation Adjustment Fund [EGF] |
| Countries / Regions | Belgium |
| International Organisations | European Union [EU] |
