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Feed/BUD2026/0037(BUD)Finance & Budget

EGF Mobilisation: Austria (EGF/2025/005 AT/KTM)

COMCMT1R-EP1R-C2R-EPCNCADO
Updated 4mo ago
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This procedure concerns the mobilisation of the European Globalisation Adjustment Fund (EGF) to support workers who lost their jobs due to industrial restructuring. Austria has applied for this funding following redundancies at KTM.

The EGF provides financial assistance to EU regions and workers affected by major industrial changes. This mobilisation aims to help the displaced workers in Austria reintegrate into the labour market.