Funding and functioning of the EU Globalisation Adjustment Fund

This procedure examines how the European Globalisation Adjustment Fund (EGF) is financed and operates. The EGF aims to support workers who have lost their jobs due to major structural changes in world trade patterns, such as relocations and globalisation.

It assesses the fund's effectiveness in addressing job losses and industrial restructuring. The focus is on budgetary aspects, including implementation and control, to ensure the fund efficiently helps affected workers and regions adapt to economic shifts.