Regulation on establishing the European Globalisation Adjustment Fund

This procedure aims to update the rules governing the European Globalisation Adjustment Fund (EGF). The fund provides financial support to member states to help workers who have lost their jobs due to major structural changes in the global economy, such as industrial restructuring or relocations of companies to non-EU countries.

The changes primarily affect unemployed workers in sectors facing severe crises. It ensures they receive better access to retraining, job-search assistance, and professional reintegration services to return to the workforce.