Decision of the European Parliament and of the Council
of 22 October 2014
on the mobilisation of the European Globalisation Adjustment Fund, in accordance with Point 13 of the Interinstitutional Agreement of 2 December 2013 between the European Parliament, the Council and the Commission on budgetary discipline, on cooperation in budgetary matters and on sound financial management (application EGF/2014/004 ES/Comunidad Valenciana metal from Spain)
(2014/816/EU)
THE EUROPEAN PARLIAMENT AND THE COUNCIL OF THE EUROPEAN UNION,
Having regard to the Treaty on the Functioning of the European Union,
Having regard to the proposal from the European Commission,
Whereas:
The EGF shall not exceed a maximum annual amount of EUR 150 million (2011 prices), as laid down in Article 12 of Regulation (EU, Euratom) No 1311/2013.
Spain submitted an application to mobilise the EGF, in respect of redundancies in 142 enterprises operating in the NACE Revision 2 division 25 (Manufacture of fabricated metal products, except machinery and equipment) in the NUTS 2 level region of Comunidad Valenciana (ES52), on 25 March 2014 and supplemented it by additional information as provided by Article 8(3) of Regulation (EU) No 1309/2013. This 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.
The EGF should, therefore, be mobilised in order to provide a financial contribution of an amount of EUR 1 019 184 for the application submitted by Spain,
HAVE ADOPTED THIS DECISION:
Article 1
For the general budget of the European Union for the financial year 2014, the European Globalisation Adjustment Fund shall be mobilised to provide the sum of EUR 1 019 184 in commitment and payment appropriations.
Article 2
This decision shall be published in the Official Journal of the European Union.
Done at Strasbourg, 22 October 2014.
For the European Parliament
The President
M. Schulz
For the Council
The President
B. Della Vedova