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Feed/BUD2009/2066(BUD)Finance & Budget

EGF Mobilisation: Spain & Portugal textiles industry

COMCMT1R-EP1R-C2R-EPCNCADO
Updated 205mo ago
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This procedure concerns the activation of the European Globalisation Adjustment Fund (EGF) to support workers in the textile and clothing sectors of Spain and Portugal. The fund provides financial assistance to help employees who have lost their jobs due to major structural changes in world trade patterns and global competition.

The measure primarily affects unemployed workers in the textile, clothing, and leather industries. It provides funding for retraining, job search assistance, and other reintegration measures to help them return to the workforce.