Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-06-12-Speech-2-232-375"
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"en.20120612.15.2-232-375"2
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"The European Globalisation Adjustment Fund (EGF) was created to provide additional support for workers affected by the consequences of major structural changes in the patterns of world trade. This report concerns the mobilisation of EUR 1.12 million from the EGF to cover the cost of technical support for the Commission. According to Article 8(1) of the legal basis, 0.35% of the annual maximum amount of the EGF can be made available each year for technical support expenses at the initiative of the Commission. A maximum of EUR 1.75 million can be used each year in order to cover the needs specified for EGF implementation. This budget is intended to finance monitoring, information, administrative and technical support, as well as the audit, control and evaluation activities necessary to implement the EGF Regulation, and is very important in order to assess the correct use of the EGF, as well as its effectiveness."@en1
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