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Economic and Social Policies, PUBLICATIONS

Reform of the European Globalisation Adjustment Fund [EU Legislation in Progress][Policy Podcast]

Written by Laura Puccio (1st edition),

© AnastasiiaUsoltceva / Fotolia

The European Globalisation Adjustment Fund (EGF) was created in 2006 to finance active labour market policies targeting workers who have lost their jobs because of trade adjustment. The fund was subsequently modified in 2009 to cover major structural changes triggered by the economic and financial crisis. The rules of the EGF are laid down in EU Regulation (EU) No 1309/2013, which stipulates that the fund will continue to be financed until 31 December 2020. In May 2018, the European Commission submitted a proposal to reform the EGF and maintain it as a special instrument outside the MFF ceiling. The proposal introduces modifications to the eligibility criteria, the co-financing rules and the mobilisation procedure.

Versions

Proposal for a regulation of the European Parliament and of the Council on the European Globalisation Adjustment Fund (EGF)
Committee responsible: Employment and Social Affairs (EMPL) COM(2018) 380 final
30.5.2018
Rapporteur: Maria Arena (S&D, Belgium) 2018/0202(COD)
Shadow rapporteurs:

 

 

Tom Vandenkenlaere (EPP, Belgium)
Arne Gericke (ECR, Germany)
João Pimenta Lopes (GUE/NGL, Portugal)
Monika Vana (Greens/EFA, Austria)
Laura Agea (EFDD, Italy)
Mara Bizzotto (ENF, Italy)
Ordinary legislative procedure (COD) (Parliament and Council on equal footing – formerly ‘co-decision’)
Next steps expected: Vote in committee

 

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