Proposal for a Decision on the mobilisation of the European Globalisation Adjustment Fund for Displaced Workers following an application from Spain

Summary:

Proposal for a Decision put forward by the European Commission on 7 October 2021, which mobilises the European Globalisation Adjustment Fund (EGF) in response to application EGF/2021/001 ES/País Vasco metal.

Further information:

The European Globalisation Adjustment Fund (EGF) aims to provide support for workers made redundant and self-employed persons whose activity has ceased as a result of major structural changes in world trade patterns due to globalisation, as a result of a continuation of the global financial and economic crisis, or as a result of a new global financial and economic crisis, and to assist them with their reintegration into the labour market.

Spain submitted an application for a financial contribution from the EGF in June 2021, following displacements in the Basque metal sector as a result of the COVID-19 (coronavirus) pandemic. Following an assessment of this application, the European Commission concluded that the conditions for awarding a financial contribution from the EGF had been met. On 7 October 2021, it tabled a proposal for a Decision to allocate a financial contribution of around €1.2 million in respect of the application submitted by the Spanish authorities.

Official

European Commission: Press Release, 07/10/2021: Coronavirus: €1.2 million to support 300 dismissed workers in the Basque metal sector https://ec.europa.eu/commission/presscorner/detail/en/ip_21_5087

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