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Feed/BUD2009/2078(BUD)Finance & Budget

EU Globalisation Adjustment Fund: Germany (Telecoms)

COMCMT1R-EP1R-C2R-EPCNCADO
Updated 204mo ago
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This procedure concerns the mobilisation of the European Globalisation Adjustment Fund (EGF). The fund is used to support workers who have lost their jobs due to globalisation or economic crises, helping them find new employment.

In this case, Germany has requested support from the EGF following redundancies in the telecommunications sector. The fund will help affected workers in Germany with retraining and job-seeking assistance.