Supermarket Larissa - Main contents

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dossier	COM(2016)210 - Globalisation Fund application from Greece - EGF/2015/011 GR/Supermarket Larissa.
document	COM(2016)210
date	June 8, 2016

table>(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 26 November 2015, Greece submitted an application EGF/2015/011 GR/Supermarket Larissa for a financial contribution from the EGF, following redundancies in Supermarket Larissa ABEE in Greece. 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, Greece has decided to provide personalised services co-financed by the EGF also to 543 young persons not in employment, education or training (NEETs).

(5)	The EGF should, therefore, be mobilised in order to provide a financial contribution of EUR 6 468 000 in respect of the application submitted by Greece.

(6)	In order to minimise the time taken to mobilise the EGF, this decision should apply from the date of its adoption,