EU Support for Redundant French Transport Workers

Summary

The European Parliament approves EU funding to help thousands of French transport workers reintegrate into the labor market following mass redundancies.
10 08.05.2015
Other
economy
finance
transport
social policy
public finance and budget policy
employment and working conditions

Key points

In force from 01/01/2015
  • The mobilization of funds is approved to support workers in the land transport and pipeline sector.
  • The European Union will contribute approximately 6 million euros toward a total project cost of over 10 million euros.
  • The assistance is specifically aimed at supporting the 2,804 workers who were effectively made redundant.
  • A significant focus is placed on workers aged 55 to 64 to prevent them from falling into long-term unemployment.
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