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Feed/BUD2010/2067(BUD)Finance & Budget

EU Globalisation Adjustment Fund: Ireland/Waterford Crystal

COMCMT1R-EP1R-C2R-EPCNCADO
Updated 197mo ago
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This procedure concerns the activation of the European Globalisation Adjustment Fund (EGF) to support workers in Ireland. The fund is designed to help employees who have lost their jobs due to major structural changes in world trade and the global economy, specifically following industrial restructuring in the luxury products sector.

The measure primarily affects redundant workers from Waterford Crystal. It provides financial assistance for retraining, job search support, and professional reintegration to help them return to the workforce.