Future of the European Globalisation Fund
COMCMT1R-EP1R-C2R-EPCNCADO
Updated 181mo ago
This procedure examines the future and effectiveness of the European Globalisation Adjustment Fund (EGF). The fund is designed to support workers who have lost their jobs due to major structural changes in world trade, such as the emergence of new industries or the relocation of companies to non-EU countries.
The review primarily affects unemployed workers in industrial sectors facing restructuring and the national governments managing the fund's distribution to help citizens reintegrate into the labor market.