Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-12-01-Speech-4-230-500"
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"en.20111201.35.4-230-500"2
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"Point 28 of the interinstitutional agreement of 17 May 2006 between the European Parliament, the Council and the Commission on budgetary discipline and sound financial management allows for the mobilisation of the European Globalisation Adjustment Fund (EGF) through a flexibility mechanism, within the annual ceiling of EUR 500 million over and above the relevant headings of the financial framework. On 6 June 2011, Portugal submitted Application EGF/2011/005 PT/Norte-Centro Automotive to mobilise the EGF in respect of redundancies in three enterprises operating in the NACE Revision 2 Division 29 (‘Manufacture of motor vehicles, trailers and semi-trailers’) in the NUTS II regions of Norte (PT11) and Centro (PT16) in Portugal. After a thorough review of the submitted application, the Commission concluded that the conditions for providing a financial contribution are met. I share the view that it is right to approve the Portuguese application and provide the funding."@en1
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