Press Release: Commission proposes up to EUR500 million per year for a new European Globalisation adjustment Fund to support workers

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Series Details IP/06/245 (1.3.06)
Publication Date 01/03/2006
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The European Commission on 1 March 2006 presented a proposal for a new 'European Globalisation adjustment Fund' (EGF). This instrument was to provide one-off, time limited individual support for tailor-made services to help, for example, workers affected by globalisation with individual wage allowances, re-training or concrete assistance to find new jobs.

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Committee of the Regions: Press Release, 13.10.06
European Commission: COM(2006) 91, Proposal for a Regulation of the European Parliament and of the Council establishing the European Globalisation adjustment Fund, 1.3.06
European Commission: Memo: MEMO/06/99, European Globalisation Fund, 1.3.06

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