Date: 2016-10-20Category: Not ApplicableState: Union GovernmentCountry: Europe
Decision (EU) 2016/1857 of the European Parliament and of the Council of 11 October 2016 on the mobilisation of the European Globalisation Adjustment Fund (following an application from Finland — EGF/2016/001 FI/Microsoft)
Executive Summary:
This decision concerns the mobilisation of the European Globalisation Adjustment Fund (EGF) following an application from Finland related to redundancies in Microsoft, Microsoft Mobile Oy, and their suppliers. A financial contribution of EUR 5,364,000 is approved to support the reintegration of affected workers into the labor market. The decision is effective from October 11, 2016.
Key Points / Main Content:
* **Purpose of the EGF:**
* To provide support for workers made redundant due to major structural changes in world trade patterns, the global financial and economic crisis, and to assist in their reintegration into the labour market.
* **Financial Allocation:**
* The EGF shall be mobilised to provide EUR 5,364,000 in commitment and payment appropriations for the financial year 2016.
* The EGF's maximum annual amount is EUR 150 million (2011 prices).
* **Application Details:**
* Finland submitted an application on March 11, 2016, regarding redundancies in Microsoft, Microsoft Mobile Oy, and 8 suppliers and downstream producers.
* The application complies with the requirements for determining a financial contribution from the EGF.
* **Effective Date:**
* The decision is effective from October 11, 2016.
Impact Analysis:
* European Parliament and the Council of the European Union:
* Impact: They adopted the decision to mobilise the EGF.
* Action Required: Implement the decision to make the funds available.
* European Commission:
* Impact: The European Commission proposed the mobilisation of the fund.
* Action Required: Oversee the allocation and distribution of the funds.
* Finland:
* Impact: Receives financial support from the EGF to address redundancies in Microsoft and related companies.
* Action Required: Utilize the funds to support affected workers' reintegration into the labor market.
* Redundant Workers:
* Impact: Benefit from support for reintegration into the labor market.
* Action Required: Participate in the measures and programs funded by the EGF.
Key Entities Referenced
Brussels: The city where the decision was adopted.
European Parliament: Legislative branch of the European Union.
Council of the European Union: A body composed of government ministers from each EU member state.
Treaty on the Functioning of the European Union: One of the primary treaties of the European Union.
European Globalisation Adjustment Fund (EGF): A fund to support workers made redundant due to major structural changes in world trade patterns.
Finland: A country in Northern Europe, which submitted an application to mobilize the EGF.
Microsoft Mobile Oy: A company in Finland that experienced redundancies leading to the EGF application.
Regulation (EU) No 1309/2013: Regulation of the European Parliament and of the Council on the European Globalisation Adjustment Fund (2014-2020).
20.10.2016 EN Official Journal of the European Union L 284/23
DECISION (EU) 2016/1857 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL
of 11 October 2016
on the mobilisation of the European Globalisation Adjustment Fund (following an application
from Finland — EGF/2016/001 FI/Microsoft)
THE EUROPEAN PARLIAMENT AND THE COUNCIL OF THE EUROPEAN UNION,
Having regard to the Treaty on the Functioning of the European Union,
Having regard to 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 (1), and in
particular Article 15(4) thereof,
Having regard to 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 (2), and in particular point 13 thereof,
Having regard to the proposal from the European Commission,
Whereas:
(1) 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.
(2) The EGF is not to exceed a maximum annual amount of EUR 150 million (2011 prices), as laid down in
Article 12 of Council Regulation (EU, Euratom) No 1311/2013 (3).
(3) On 11 March 2016 Finland submitted an application to mobilise the EGF, in respect of redundancies in
Microsoft (Microsoft Mobile Oy) and 8 suppliers and downstream producers. It was supplemented by additional
information provided in accordance with Article 8(3) of Regulation (EU) No 1309/2013. That application
complies with the requirements for determining a financial contribution from the EGF as laid down in Article 13
of Regulation (EU) No 1309/2013.
(4) The EGF should, therefore, be mobilised in order to provide a financial contribution of EUR 5 364 000 in
respect of the application submitted by Finland.
(5) In order to minimise the time taken to mobilise the EGF, this decision should apply from the date of its
adoption,
HAVE ADOPTED THIS DECISION:
Article 1
For the general budget of the Union for the financial year 2016, the European Globalisation Adjustment Fund shall be
mobilised to provide the amount of EUR 5 364 000 in commitment and payment appropriations.
(1) OJ L 347, 20.12.2013, p. 855.
(2) OJ C 373, 20.12.2013, p. 1.
(3) Council Regulation (EU, Euratom) No 1311/2013 of 2 December 2013 laying down the multiannual financial framework for the
years 2014-2020 (OJ L 347, 20.12.2013, p. 884).L 284/24 EN Official Journal of the European Union 20.10.2016
Article 2
This Decision shall enter into force on the day of its publication in the Official Journal of the European Union.
It shall apply from 11 October 2016.
Done at Brussels, 11 October 2016.
For the European Parliament For the Council
The President The President
M. SCHULZ I. KORČOK