Hainaut Machinery - Main contents

Please note

This page contains a limited version of this dossier in the EU Monitor.

dossier	COM(2016)242 - Globalisation Fund application from Belgium - EGF/2015/012 BE/Hainaut Machinery.
document	COM(2016)242
date	July 6, 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 17 December 2015, Belgium submitted application EGF/2015/012 BE/Hainaut Machinery for a financial contribution from the EGF, following redundancies in the economic sector classified under the NACE Revision 2 Division 28 (Manufacture of machinery and equipment n.e.c.) in the NUTS level 2 region of Hainaut (BE32) in Belgium. 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 laid down in Article 13 of Regulation (EU) No 1309/2013.

(4)	In accordance with Article 6(2) of Regulation (EU) No 1309/2013, Belgium has decided to provide personalised services co-financed by the EGF also to 300 young people not in employment, education or training (NEETs).

(5)	In accordance with Article 4(2) of Regulation (EU) No 1309/2013, the application from Belgium is considered admissible since the redundancies have a serious impact on employment and the local, regional and national economy.

(6)	The EGF should, therefore, be mobilised in order to provide a financial contribution of EUR 1 824 041 in respect of the application submitted by Belgium.

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