Press Release: EU Globalisation Fund pays €35 million to help redundant textile workers in Italy

Author (Corporate)
Series Title
Series Details IP/08/1967 (15.12.08)
Publication Date 15/12/2008
Content Type

The European Commission made four payments to Italy from the European Globalisation adjustment Fund (EGF). The total of € 35.16 million will help almost 6 000 workers in the textile sector back into employment. These workers were made redundant in mainly small businesses located in Sardinia, Piedmont, Lombardy and Tuscany. The redundancies followed the general shift of clothing and accessories production in the European Union towards lower-cost non-EU countries. The payment follows approval by the Budgetary Authority (the European Parliament and the Council) on 19 November.

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