Mobilisation of the European Globalisation Adjustment Fund – Shipbuilding ancillary sectors in Spain

14-10-2020

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. Parliament is expected to vote on this proposal during the October II plenary session.

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. Parliament is expected to vote on this proposal during the October II plenary session.