Examples of Solidarity Fund in a sentence
Solidarity Fund to face the crisisFinally, the creation of a USD 100 million Solidarity Fund has been announced to address social emergencies arising from declining sales.
The European Union Solidarity Fund is intended to allow rapid financial assistance in the event of major disasters occurring on the territory of a Member State or of a candidate country, as defined in the relevant basic act.
The amendment provides for an increase of the maximum annual amount of the EU Solidarity Fund to EUR 1 000 million (in 2018 prices).
The maximum annual amount is increased to EUR 1 billion (in 2018 prices).Moreover, it is proposed to add to the Flexibility Instrument the unused amounts of the Emergency Aid Reserve which have lapsed in the previous year, as is already the case for the European Union Solidarity Fund and the European Globalisation Adjustment Fund under the current Regulation.
These include the Health Security Committee, Joint Procurement Agreements, Union Civil Protection Mechanism, Solidarity Fund, consular assistance in repatriation or exemption from temporary EU export restrictions of medical equipment.
Points 9 to 13 correspond to points 10 to 14 of the current IIA and define the procedures applicable for the mobilisation of the following special instruments which are set out in the MFF Regulation: European Globalisation Adjustment Fund, European Union Solidarity Fund, Emergency Aid Reserve, Flexibility Instrument and Contingency Margin.
Furthermore the Hungarian entity has to pay 1% contribution the so called Unemployment Solidarity Fund.) In column 7, the Hungarian tax rates are progressive up to 40%.In column 8, if the individual is a Hungarian national and is employed by a Hungarian entity, the employer has to pay 29% social security contribution on the gross income and HUF 3450 per month/person Health Fund contribution.
This includes financial support: a substantial package of EUR 53 Million of non-repayable financial aid and EUR 60 Million of favourable loans as macro- financial assistance to address the immediate health crisis, in addition to delivering vast quantities of health supplies and equipment, as well as EUR 200,000 allocation under the EU Solidarity Fund.
The European Union Solidarity Fund (EUSF) was set up to respond to major natural disasters and express European solidarity to disaster-stricken regions within Europe.
Detailed information on implementation of the EU Solidarity Fund grants as well as on the obligatory controls to be carried out by a Member State under the Solidarity Fund regulation, as well as on any possible corrections made as a result of such controls, are provided by the Member State when it submits its Validity Statement together with the final report.