Südtirol Construction of buildings from Italy - Main contents

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dossier	COM(2011)480 - Globalisation Fund application EGF/2011/002 IT/Trentino-Alto Adige/Südtirol Construction of buildings from Italy.
document	COM(2011)480
date	December 13, 2011

table>(1)The European Globalisation Adjustment Fund (EGF) was established to provide additional support for workers made redundant as a result of major structural changes in world trade patterns due to globalisation and to assist them with their reintegration into the labour market.

(2)	The scope of the EGF was broadened for applications submitted from 1 May 2009 to include support for workers made redundant as a direct result of the global financial and economic crisis.

(3)	The Interinstitutional Agreement of 17 May 2006 allows the mobilisation of the EGF within the annual ceiling of EUR 500 million.

(4)

Italy submitted an application on 7 February 2011 to mobilise the EGF, in respect of redundancies in 323 enterprises operating in the NACE Revision 2 Division 41 (Construction of buildings) in the NUTS II region of Trentino-Alto Adige/Südtirol (ITD1 and ITD2) and supplemented it by additional information up to 6 July 2011. This application complies with the requirements for determining the financial contributions as laid down in Article 10 of Regulation (EC) No 1927/2006. The Commission, therefore, proposes to mobilise an amount of EUR 3 918 850.

(5)	The EGF should, therefore, be mobilised in order to provide a financial contribution for the application submitted by Italy,