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European Globalisation Adjustment Fund

V stručnosti 21-04-2021

The 2018 European Commission's proposal to revise the European Globalisation Adjustment Fund, modified under the 2020 recovery plan for Europe, introduces changes to eligibility criteria, co-financing rules and the mobilisation procedure. Outside the 2021-2027 Multiannual Financial Framework (MFF) ceilings, it should continue to serve as a solidarity and emergency fund used on an ad hoc basis. Following an early second-reading agreement reached in January 2021, Parliament is expected to vote in April ...

This document, provided by Policy Department A for the Employment and Social Affairs Committee, presents key findings of the study examine the employment situation of parents with young children in the EU and specifically, the factors that affect parents’ return to the labour market.

This study examines the employment situation of parents with young children in the EU and specifically, the factors that affect parents’ return to the labour market. The paper identifies interventions that could help parents return to work after family-related leave and improve labour-market integration of unemployed or inactive parents. The study outlines possible additional actions at the EU level. This document was provided by Policy Department A at the request of the Employment and Social ...

The European Commission has proposed to mobilise €2 054 400 under the European Globalisation Adjustment Fund (EGF) to address redundancies in the ancillary sectors linked to shipbuilding in Galicia (Spain), resulting from the financial difficulties of two shipyards in the region. The European Parliament’s Committee on Budgets backs the proposal and reiterates that assistance from the EGF must not replace actions which are the responsibility of companies, by virtue of national law or collective agreements ...

The European Globalisation Adjustment Fund (EGF) was created in 2006 to finance active labour market policies targeting workers who have lost their jobs because of trade adjustment. The fund was subsequently modified in 2009 to cover major structural changes triggered by the economic and financial crisis. The rules of the EGF are laid down in EU Regulation (EU) No 1309/2013, which stipulates that the fund will continue to be financed until 31 December 2020. In May 2018, the European Commission submitted ...

The Commission proposes to establish a European Social Plus (ESF+) by merging different funds and programmes, and a strengthened European Globalisation Adjustment Fund (EGF). These proposals would contribute to implement the European Pillar of Social Rights and enhance social Europe. The impact assessment report (IA) concerning the proposals explains the challenges of funding and the defined objectives of the proposals. In relation to the proposed measures, risks and mitigating measures have also ...

Trade liberalisation is generally expected to bring net welfare gains to the domestic economy by reallocating resources to more productive firms or to industries with a comparative advantage. However, these gains are not always distributed evenly and can involve transitional costs for certain firms and workers. Trade adjustment measures are designed to compensate for these costs. The literature proposes mainly active labour policies (including training and other measures for re-employment) for dealing ...