Support for German Solar Industry Workers

Summary

The European Parliament is reviewing a request to use the European Globalisation Adjustment Fund to support 657 German solar industry workers who lost their jobs due to global market changes.
10 20.03.2015
Other
economy
social policy
public finance and budget policy
employment and working conditions

Key points

  • The European Parliament is considering the mobilisation of the European Globalisation Adjustment Fund to support redundant workers in Germany.
  • The request follows 657 redundancies at Aleo Solar AG and its subsidiaries due to global competition in the solar module market.
  • The application meets the eligibility criteria, specifically regarding the number of workers affected by structural changes.
  • The fund will help finance training allowances, which can cover up to 60% of a worker's previous net income.
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