Revision of the European Globalisation Adjustment Fund Regulation

This procedure concerns updating the rules for the European Globalisation Adjustment Fund (EGF). The EGF helps workers and self-employed individuals who have lost their jobs due to major structural changes in world trade patterns. The revision aims to make the fund more effective and responsive to current economic challenges.

The changes will affect individuals who lose their jobs due to globalisation and the regions impacted. It will also influence how Member States apply for and receive funding to support retraining and job-seeking initiatives for affected workers.