Home Europe European Parliament Decision (EU) 2018/1720 of the European Parliament and of th...
Date: 2018-11-16 Category: Not Applicable State: Union Government Country: Europe

Decision (EU) 2018/1720 of the European Parliament and of the Council of 23 October 2018 on the mobilisation of the European Globalisation Adjustment Fund following an application from Portugal — EGF/2018/002 PT/Norte — Centro — Lisboa wearing apparel

Issued by European Parliament · Council of the European Union

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Executive Summary & Key Takeaways

Executive Summary: This decision concerns the mobilization of the European Globalisation Adjustment Fund (EGF) to provide financial assistance to Portugal following redundancies in the wearing apparel sector in the Norte, Centro, and Lisboa regions. Portugal applied for the funds on April 24, 2018, and the decision allocates EUR 4,655,883. The decision is effective from October 23, 2018. Key Points / Main Content: * **Purpose of the EGF:** * The EGF aims to support workers made redundant and self-employed persons whose activity has ceased due to major structural changes in world trade patterns, global financial and economic crises. * The fund assists with reintegration into the labor market. * **Financial Allocation:** * The EGF will be mobilized to provide EUR 4,655,883 to Portugal in commitment and payment appropriations for the financial year 2018. * The maximum annual amount of the EGF is EUR 150 million (2011 prices). * **Eligibility and Application:** * Portugal submitted its application on April 24, 2018, following redundancies in the manufacture of wearing apparel sector. * The application complies with the requirements for determining a financial contribution from the EGF. * Portugal will provide personalized services co-financed by the EGF to 730 young people not in employment, education or training (NEETs). * **Effective Date:** * The decision is effective from October 23, 2018. Impact Analysis: * **Portugal:** * Impact: Receives EUR 4,655,883 in financial assistance from the EGF to support workers made redundant in the wearing apparel sector and to provide personalized services to NEETs. * Action Required: Implement personalized services co-financed by the EGF and ensure the funds are used to support the affected workers and NEETs in the Norte, Centro, and Lisboa regions. * **European Parliament and Council:** * Impact: Approves the mobilization of the EGF and allocates the specified funds to Portugal. * Action Required: Ensure the decision is published in the Official Journal of the European Union and oversee the implementation of the fund allocation. * **Redundant Workers and Self-Employed Persons (Portugal):** * Impact: Potential beneficiaries of support for reintegration into the labor market. * Action Required: Engage with the personalized services and support offered through the EGF funding. * **Young People Not in Employment, Education or Training (NEETs) (Portugal):** * Impact: Potential beneficiaries of personalized services co-financed by the EGF. * Action Required: Engage with the personalized services and support offered through the EGF funding.

Key Entities Referenced

European Parliament: One of the two legislative branches of the European Union Council of the European Union: One of the two legislative branches of the European Union, consisting of government ministers from each EU member state. European Globalisation Adjustment Fund (EGF): A fund of the European Union that provides support to workers made redundant as a result of major structural changes in world trade patterns. Portugal: A country in Europe that submitted an application to mobilise the EGF due to redundancies in the wearing apparel sector. Norte, Portugal: A region in Portugal affected by redundancies in the wearing apparel sector. Centro, Portugal: A region in Portugal affected by redundancies in the wearing apparel sector. Lisboa, Portugal: A region in Portugal affected by redundancies in the wearing apparel sector. Regulation (EU) No 1309/2013: Regulation of the European Parliament and of the Council on the European Globalisation Adjustment Fund (2014-2020).
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L 291/8 EN Official Journal of the European Union 16.11.2018 II (Non-legislative acts) DECISIONS DECISION (EU) 2018/1720 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 23 October 2018 on the mobilisation of the European Globalisation Adjustment Fund following an application from Portugal — EGF/2018/002 PT/Norte — Centro — Lisboa wearing apparel 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 24 April 2018, Portugal submitted an application to mobilise the EGF, in respect of redundancies in the manufacture of wearing apparel sector in the regions of Norte, Centro and Lisboa in Portugal. 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) In accordance with Article 6(2) of Regulation (EU) No 1309/2013, Portugal has decided to provide personalised services co-financed by the EGF also to 730 young people not in employment, education or training (NEETs). (5) The EGF should, therefore, be mobilised in order to provide a financial contribution of EUR 4 655 883 in respect of the application submitted by Portugal. (6) In order to minimise the time taken to mobilise the EGF, this decision should apply from the date of its adoption, (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).16.11.2018 EN Official Journal of the European Union L 291/9 HAVE ADOPTED THIS DECISION: Article 1 For the general budget of the Union for the financial year 2018, the European Globalisation Adjustment Fund shall be mobilised to provide the amount of EUR 4 655 883 in commitment and payment appropriations. 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 23 October 2018. Done at Strasbourg, 23 October 2018. For the European Parliament For the Council The President The President A. TAJANI K. EDTSTADLER

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