EGF Mobilisation for Romanian Steel Workers

Summary

The proposal seeks to mobilise the European Globalisation Adjustment Fund to support 1,000 Romanian workers made redundant due to structural changes in the steel industry.
10 08.10.2014
Other
economy
social policy
public finance and budget policy
employment and working conditions

Key points

  • The proposal aims to provide financial support for workers in Romania affected by the steel industry's decline.
  • The application meets the necessary eligibility criteria for receiving funds.
  • A total of approximately 3.57 million euros is to be allocated for the 2014 financial year.
  • The redundancies significantly impacted the local economy in Câmpia Turzii, where the employer was a major source of jobs.
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