EGF Support for Redundant Workers in Hainaut, Belgium

Summary

The European Parliament approves funding for 488 redundant workers and 300 young people in Belgium's Hainaut region through the European Globalisation Adjustment Fund.
10 14.07.2016
Other
economy
social policy
public finance and budget policy
employment and working conditions

Key points

In force from 23/06/2016
  • Approval of financial assistance for the Hainaut region in Belgium following job losses in the machinery sector.
  • The support targets 488 workers from companies including Caterpillar, Carwall, and Doosan.
  • Special measures are included for 300 young people who are not currently in education or employment.
  • A total of approximately 1.82 million euros is mobilized to cover 60% of the project's costs.
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