Summary
The European Parliament has approved financial aid to support workers in Finland who lost their jobs due to structural changes in the global technology market, specifically following redundancies at Microsoft and its suppliers. 10 20.10.2016
Other
economy
social policy
public finance and budget policy
employment and working conditions
Key points
- The European Parliament has approved a financial contribution to support workers in Finland affected by job losses at Microsoft and its suppliers.
- The decision is based on specific criteria regarding structural changes in world trade patterns.
- The EU will provide 5,364,000 euros, which covers 60% of the total costs estimated at 8,940,000 euros.
- Support measures include vocational training, coaching, start-up grants, and pay subsidies for a period of up to 24 months.
Documents (PDFs)
REPORT on the proposal for a decision of the European Parliament and of the Council on the mobilisation of the European Globalisation Adjustment Fund (application from Finland – EGF/2016/001 FI/Microsoft)
Mobilisation of the European Globalisation Adjustment Fund: application EGF/2016/001 FI/Microsoft
These raw data are provided by the Open Data Portal of the European Union (data.europa.eu) and are licensed under ODC-BY 1.0.