Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-14-Speech-3-205-000"
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"en.20110914.24.3-205-000"2
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"The European Globalisation Adjustment Fund was set up to provide additional help for workers who have felt the impact of the big structural changes that the world economy has undergone. Under point 28 of the Interinstitutional Agreement of 17 May 2006 on budgetary discipline and sound financial management and Article 12 of Regulation (EC) No 1927/2006, the Fund cannot exceed a maximum of EUR 500 million. On 10 June 2011, the Commission adopted a new draft resolution on mobilising the EGF for Austria to assist workers who have lost their jobs due to the impact of the world financial and economic crisis on the labour market. This is the seventh application that will be considered during the 2011 budget, and it concerns mobilising a total of EUR 1 221 128 from the EGF for Austria.
The measure is for 167 workers (the assistance applies to 74 of them) who were made redundant by AT&S, a specialist in integrated circuit boards located in the east of Upper Styria, for a four month reference period from 1 September 2009 to 31 December 2009. In the view of the Commission their application meets the justification criteria under the EGF Directive and the Commission has recommended that the budgetary authority approve the application."@en1
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