MEPs to support a more reactive and accessible European Globalisation Fund
On Wednesday, Parliament will vote on the renewed European Globalisation Adjustment Fund. The updated Fund will allow more European workers to receive financial support.
The European Globalisation Adjustment Fund (EGF) helps people who have lost their jobs because of globalisation, technological, or environmental changes to retrain and find alternative, quality employment.
The text, provisionally agreed with Council in December 2020 introduces: a lower threshold for applications of support from the EGF (from 500 jobs lost down to 200); a one-time investment of €22 000 to start a business; and special measures like a childcare allowance for child carers to access when taking part in training or looking for a job.
Procedure: ordinary legislative procedure, first reading agreement
Debate: Tuesday, 27 April
Vote and result: Wednesday, 28 April