000 TA 2024 - Technical assistance at the initiative of the Commission - Main contents

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dossier	COM(2024)84 - Globalisation Fund EGF/2024/000 TA 2024 - Technical assistance at the initiative of the Commission.
document	COM(2024)84
date	April 24, 2024

(1) The European Globalisation Adjustment Fund for Displaced Workers (EGF) aims to demonstrate solidarity and promote decent and sustainable employment in the Union by providing support for workers made redundant and self-employed persons whose activity has ceased in the case of major restructuring events and assisting them in returning to decent and sustainable employment as soon as possible.

(2) The EGF is not to exceed a maximum annual amount of EUR 186 million (in 2018 prices), as laid down in Article 8 of Council Regulation (EU, Euratom) 2020/2093 ⁷.

(3) Regulation (EU) 2021/691 provides that a maximum of 0,5 % of the annual maximum amount of the EGF may be used each year for technical assistance at the initiative of the Commission.

(4) This assistance is necessary to fulfill obligations in EGF implementation as imposed by Article 11 of the Regulation (EU) 2021/691, in particular concerning monitoring and data gathering as well as communication activities and those enhancing the EGF’s visibility.

(5) The EGF should, therefore, be mobilised in order to provide the sum of EUR 165 000 for technical assistance at the initiative of the Commission.