Summary
The European Parliament approves a decision to mobilize the European Globalisation Adjustment Fund to support workers in Spain's metal sector who lost their jobs due to the economic crisis. This funding will help 300 people reintegrate into the labor market through training and other services. 10 20.11.2014
Other
economy
finance
social policy
public finance and budget policy
employment and working conditions
Key points
- The European Parliament has approved the mobilization of funds to support workers in Spain's metal manufacturing sector.
- The measure addresses the impact of 633 redundancies occurring across 142 different companies.
- A total financial contribution of EUR 1,019,184 is allocated for the 2014 budget.
- The program focuses on vocational training and upskilling to help workers meet the future needs of the metal industry.
Documents (PDFs)
REPORT on the proposal for a decision of the European Parliament and of the Council on the mobilisation of the European Globalisation Adjustment Fund, in accordance with Point 13 of the Interinstitutional Agreement of 2 December 2013 between the European Parliament, the Council and the Commission on budgetary discipline, on cooperation in budgetary matters and on sound financial management (application EGF/2014/004 ES/Comunidad Valenciana metal)
Mobilisation of the European Globalisation Adjustment Fund: application EGF/2014/004 ES/Comunidad Valenciana metal – Spain
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