Press Release: Commission proposes to continue economic crisis support for jobless from EU Globalisation Fund until end 2013

The European Commission proposed on 10 June 2011 to extend the temporary crisis-related derogation that allows European Globalisation Fund (EGF) to be used for workers made redundant as a result of the current financial and economic crisis in addition to those losing their job because of changes in global trade patterns. This derogation is currently due to expire on 30 December 2011, but the Commission's proposal would extend it until 31 December 2013, i.e. until the end of the implementation period of the EGF Regulation. The proposal reflects the fact that a large number of workers across the EU have been badly affected by the consequences of the current crisis. The aim is to improve the use of the EGF by offering job support measures to those most in need. The Commission proposal will be submitted to the EU's Council of Ministers and the European Parliament for approval.