1 Amendments of Gabriel MATO related to 2018/0202(COD)
Amendment 191 #
Proposal for a regulation
Article 5 – paragraph 3
Article 5 – paragraph 3
3. In small labour markets, in the outermost regions, or in exceptional circumstances, in particular with regard to applications involving SMEs or VSEs, where duly substantiated by the applicant Member State, an application for a financial contribution under this Article may be considered admissible even if the criteria laid down in points (a), (b) or (c) of paragraph 1 are not entirely met, when the redundancies have a serious impact on employment and the local or regional economy. The applicant Member State shall specify which of the intervention criteria set out in points (a), (b) or (c) of paragraph 1 are not entirely met. The aggregated amount of contributions in exceptional circumstances may not exceed 15 % of the annual ceiling of the EGF.