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Feed/BUD2011/2262(BUD)Finance & Budget

EGF Mobilisation: Norte-Centro Automotive (Portugal)

COMCMT1R-EP1R-C2R-EPCNCADO
Updated 178mo ago
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This procedure concerns the mobilisation of the European Globalisation Adjustment Fund (EGF). The fund provides financial assistance to workers and self-employed persons who have lost their jobs due to major structural changes in world trade patterns or the global financial and economic crisis.

This specific application relates to job losses in the automotive sector in Portugal. The EGF aims to help redundant workers find new employment through measures like training and career advice.