Since 2011 my Department has submitted final reports and statements justifying expenditure to the European Commission in respect of six completed programmes to assist redundant workers which were co-financed by the European Globalisation Adjustment Fund. It should be noted that the design of the EGF process provides for the return of unused EU co-financing, given the inherent difficulties in estimating at the time of application, two years earlier, precisely what the level of up-take across a wide range of supports will ultimately be. The position in relation to the financing, expenditure and returned EU funding on all currently completed EGF programmes is set out on the Annex.
ANNEX
EGF Programme
|
Total Funding Allocation (EU and national)
|
Of which EU Co-funding allocation (65%)
|
Total EGF programme Expenditure
|
Co-funding allocation returned to EU
|
Dell
|
€22,817,000
|
€14,831,040
|
€13,619,598
|
€5,380,480*
|
Waterford Crystal
|
€3,955,159
|
€2,570,843
|
€3,089,633
|
€506,332*
|
S R Technics
|
€11,455,174
|
€7,455,863
|
€4,504,198
|
€4,066,320*
|
NACE 41
Construction of Buildings
|
€19,522,829
|
€12,689,838
|
€12,626,175
|
€4,487,558
|
NACE 43
Specialized Construction Activities
|
€33,329,459
|
€21,664,148
|
€20,304,793
|
€8,481,163
|
NACE 71
Architectural Services
|
€2,135,107
|
€1,387,073
|
1,811,073
|
€210,906
|
*The European Commission has to date only sought and been reimbursed 90% of the unused co-financing on the first three EGF programmes above. Requests for the estimated balances of €0.598 million (Dell), €0.056 million (Waterford Crystal) and €0.452 million (S R Technics) respectively are anticipated in due course.