EU support for jobless in Germany, France, Spain, Netherlands, Ireland, Sweden, Denmark
The European Parliament today approved EU Globalisation Adjustment Fund aid for almost 8,000 people in Ireland, France, the Netherlands, Sweden, Spain, Germany and Denmark, who lost their jobs in recent years due to the global crisis.
In 2011, the broadband service firm Talk Talk cut the number of its service centres from 24 to 13, retaining only those in India, the Philippines and South Africa, and some specialist activities in the UK. The entire Waterford operation was closed. 432 of the 592 workers made redundant in Waterford will receive €2.7 million from the EGF. The money will cover measures including training programmes, higher education courses and enterprise/self-employment support
About the Globalisation Fund
The European Globalisation Adjustment Fund (EGF) was established to provide additional support for workers fired from their jobs as a result of major structural changes in world trade patterns and to help them get back into the labour market. The annual ceiling of the fund is €500 million.
The people who lost their jobs will be offered employment measures such as support for business start-ups, job-search assistance, occupational guidance and various kinds of training. In most cases, national authorities have already started the measures and will get their costs reimbursed from the EU when their applications are finally approved.