FOGASA

AcronymDefinition
FOGASAFondo de Garantía Salarial (Spanish)
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References in periodicals archive ?
(89) ECJ, C-442/00, Rodriguez Caballero v Fogasa, [2002] ECR I-11915.
Contrary to its initial opinion, it noted that the agreement with FOGASA amounting to ESP1,363 million (7 million) had not been fully implemented as FOGASA did not enforce the payment of the debt.
The Commission had originally concluded that the measures, namely agreements to reschedule social security debts and repayment agreements with the Wage Guarantee Fund (FOGASA), constituted unlawful aid.
The turnaround came in the wake of the European Court of Justice's decision in April last year in a similar case - concerning Spanish state aid to Tubacex - which showed that the peculiar mechanisms of the scheme were indeed lawful.The Commission originally decided in 1998 that the measures, namely agreements to defer social security debts and a repayment agreement with the Wage Guarantee Fund (FOGASA), constituted illegal aid.