Netherlands: MEPs to back €1.2m in job-search aid for 450 redundant workers 

Following the dismissal of 1,324 workers in 20 banks in three Dutch regions, the most disadvantaged among them should receive EU aid worth €1,192,500 to help find new jobs.

The redundancies in the financial services sector occurred because of the economic and financial crisis, causing many regional branch offices to close. The beneficiaries of the aid from the European Globalisation Adjustment Fund (EGF) are not the banks, but the 450 most disadvantaged workers from the regions of Friesland, Drenthe and Overijssel.

The majority of the workers who lost their jobs are women (59%) with a low or average education level, such as administrative personnel and receptionists. 27% of the redundant workers are over 55 years old, says the draft report by MEP Ivana Maletić (EPP, HR).

EGF funds can be used to cover measures such as job-search and outplacement assistance, training and entrepreneurship support.

Procedure: Budgetary

2018/2220(BUD)

Vote: Tuesday, 2 October