Dáil Éireann Debate, Wednesday - 3 February 2016
77. Deputy Caoimhghín Ó Caoláin asked the Minister for Education and Skills if she will submit an application under the European Globalisation Fund following the liquidation of Xtravision and the resulting 580 job losses; and if she will make a statement on the matter. [4518/16]
View answerI am aware of recent media reports regarding the appointment of a provisional liquidator to Xtra-vision, which employs over 550 staff This follows an earlier statutory collective redundancy notification submitted by the company to my colleague the Minister for Jobs, Enterprise and Innovation in November 2015, which related to approximately 161 proposed redundancies, the majority of which were part-time positions.
In the absence of full details regarding the circumstances and extent of the redundancies, it is not possible to fully determine whether an application could be made to the European Globalisation Adjustment Fund (EGF). However, an initial assessment by my Department suggests that it would be very challenging to sustain a viable application in accordance with the requirements of Regulation (EU) No. 1309/2013 which governs the Fund, in this case. My officials will continue to monitor this situation.
