EGF Mobilization for Greek Retail Workers

Summary

The European Parliament has approved a 7.29 million euro mobilization from the EGF to help redundant retail workers and young people in Greece reintegrate into the labor market.
10 06.12.2014
Other
economy
social policy
european union
public finance and budget policy
employment and working conditions

Key points

  • The European Parliament approved the mobilization of funds to assist workers in Greece affected by the economic crisis.
  • A total sum of approximately 7.29 million euros will be allocated for the 2014 financial year.
  • The assistance is granted based on the economic crisis criterion, as at least 500 workers were made redundant.
  • The support services must be designed to prepare workers for future labor market needs and a sustainable economy.
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