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Feed/BUD2011/2093(BUD)Finance & Budget

Globalisation Adjustment Fund: Odense Steel Shipyard (Denmark)

COMCMT1R-EP1R-C2R-EPCNCADO
Updated 183mo ago
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This procedure concerns the mobilisation of the EU Globalisation Adjustment Fund (EGF). The fund provides financial assistance to workers who have lost their jobs due to major structural changes in world trade patterns or the global financial and economic crisis.

In this case, the fund is being mobilised to support workers made redundant by the Odense Steel Shipyard in Denmark, following industrial restructuring and job losses in the shipbuilding sector.