EGF Mobilisation: Germany redundancies

This procedure concerns the mobilisation of the European Globalisation Adjustment Fund (EGF). The fund provides financial assistance to workers and self-employed individuals 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 in Germany's automotive sector, specifically related to the production of cars, motorcycles, and commercial vehicles. This aims to help those affected by industrial restructuring and job losses.