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Feed/BUD2017/2098(BUD)Finance & Budget

EGF Mobilisation: Microsoft Finland (EGF/2017/002)

COMCMT1R-EP1R-C2R-EPCNCADO
Updated 108mo 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.

In this case, the fund is being mobilised to support redundant workers in Finland's electronics sector, following job losses attributed to globalisation and restructuring.