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Feed/BUD2024/0226(BUD)Finance & Budget

EGF mobilisation: Belgium (Match-Smatch)

COMCMT1R-EP1R-C2R-EPCNCADO
Updated 21mo ago
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This decision releases EU funds to help workers in Belgium who lost their jobs due to major economic changes. The European Globalisation Adjustment Fund (EGF) provides financial support to assist these workers in finding new employment.

The aid specifically targets 513 former employees of the Belgian retail company Match-Smatch, who were made redundant. The application focuses on supporting 365 of these workers, particularly those in the Wallonia region, who are facing difficulties re-entering the job market.

The funding will support personalised services such as job guidance, training, and retraining, aiming to equip workers with skills for the evolving economy. This support is crucial as many affected workers are older and face greater challenges in finding new employment.

Belgium began offering these services in January 2024, and the EU funding will cover eligible expenses for a specific period. The initiative ensures that EU solidarity reaches displaced workers and complements national efforts.