Mobilisation of the European Globalisation Adjustment Fund for Belgian Steel Workers

Summary

This report recommends mobilizing nearly one million euros from the EGF to support 708 steel workers in Belgium's Hainaut region with retraining and job search assistance.
10 20.03.2015
Other
trade
economy
social policy
public finance and budget policy
employment and working conditions

Key points

In force from 01/01/2015
  • Support for workers affected by major structural changes in global trade patterns.
  • The application meets the specific eligibility criteria for assistance based on large-scale redundancies.
  • Addressing the economic impact of declining EU market shares in the steel production sector.
  • Allocation of EUR 981,956 to fund retraining and job-search assistance for the affected workers.
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