The European Parliament and the Council have adopted a decision on the mobilisation an amount of 1,844,700 EUR of the European Globalisation Adjustment Fund for Galicia in response to the request made by Spain on February 2010.

The European Globalisation Adjustment Fund (EGF) was established to provide additional support for workers made redundant as a result of major structural changes in world trade patterns due to globalisation and to assist them with their reintegration into the labour market.

The scope of the EGF was broadened for applications submitted from 1 May 2009 to include support for workers made redundant as a direct result of the global financial and economic crisis.

Acoording to the Interinstitutional Agreement of 17 May 2006, which allows the mobilisation of the EGF within the annual ceiling of EUR 500 million, Spain submitted an application to mobilise the EGF, in respect of redundancies in 82 enterprises operating in NACE Revision 2 Division 14 (manufacture of wearing apparel) in Galicia on 5 February 2010 and supplemented it by additional information up to 11 May 2010. This application complies with the requirements for determining the financial contributions as laid down in Article 10 of Regulation.

For the general budget of the European Union for the financial year 2010, the European Globalisation Adjustment Fund (EGF) shall be mobilised to provide the sum of EUR 1,844,700 in commitment and payment appropriations.

In June 2010 the Fund approved the mobilization of more than 8.5 million euros to Valencia and Castilla La Mancha, claimed by Spain in September and October 2009 respectively.