Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-14-Speech-3-211-500"

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"en.20110914.24.3-211-500"2
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"This report advocates the mobilisation of the European Globalisation Adjustment Fund (EGF) in favour of Austria, with the aim of supporting the reintegration into the labour market of workers made redundant as a result of the global economic and financial crisis. This is the seventh application to be examined under the 2011 budget and refers to the mobilisation of a total amount of EUR 1 221 128 from the EGF for Austria. It concerns 167 redundancies, 74 of which are targeted for assistance, from the company AT&S, which specialises in the manufacture of printed circuit boards (PCBs) in the region of Eastern Upper Styria, during the four-month reference period from 1 September to 31 December 2009. The application, case EGF/2010/008 AT/AT&S from Austria, was submitted to the Commission on 11 March 2010 and supplemented by additional information up to 22 February 2011. It was based on the intervention criterion of Article 2(c) of the EGF Regulation, which enables the waiver of the requirements of Articles 2(a) and 2(b) in small labour markets or under exceptional circumstances, when the redundancies have a serious impact on employment and the local economy. In this case, the Austrian authorities specified that the application seeks to derogate from Article 2(a), where the normal threshold is at least 500 redundancies over a four-month period."@en1

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