EGF crisis derogation

This procedure concerns a special exception (derogation) for the European Globalisation Adjustment Fund. The fund is designed to support workers who have lost their jobs due to major structural changes in world trade patterns, such as the relocation of companies to non-EU countries.

This affects unemployed workers in sectors undergoing industrial restructuring. It provides financial assistance for retraining and job placement to help them reintegrate into the labor market.