# Decision (EU) 2017/1600 of the European Parliament and of the Council of 13 September 2017 on the mobilisation of the European Globalisation Adjustment Fund following an application from Finland — EGF/2017/002 FI/Microsoft 2, Introduction: Introductory text

Extent: E+W+S+N.I.

Decision (EU) 2017/1600 of the European Parliament and of the Council
of 13 September 2017
on the mobilisation of the European Globalisation Adjustment Fund following an application from Finland — EGF/2017/002 FI/Microsoft 2
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 Regulation (EU) No 1309/2013 of the European Parliament and of the Council of 17 December 2013 on the European Globalisation Adjustment Fund (2014-2020) and repealing Regulation (EC) No 1927/2006, and in particular Article 15(4) thereof,
Having regard to 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, and in particular point 13 thereof,
Having regard to the proposal from the European Commission,
Whereas:
(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)
On 1 February 2017 Finland submitted an application to mobilise the EGF, in respect of redundancies in Microsoft Oy (Microsoft Mobile Oy) and 11 suppliers and downstream producers and cessations of activities. 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 as laid down in Article 13 of Regulation (EU) No 1309/2013.
(4)
The EGF should, therefore, be mobilised in order to provide a financial contribution of EUR 3 520 080 in respect of the application submitted by Finland.
(5)
In order to minimise the time taken to mobilise the EGF, this decision should apply from the date of its adoption,
HAVE ADOPTED THIS DECISION:

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Source: https://www.legislation.gov.uk/eudn/2017/1600/introduction (the official version)
Page: https://openlegislation.uk/eu-decision-2017-1600/introduction
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.