Summary
The report recommends mobilizing over €1.1 million from the EGF to support Estonian workers in the petroleum and chemical sectors following mass redundancies. 10 01.12.2016
Other
economy
social policy
public finance and budget policy
employment and working conditions
Key points
- Mobilization of the EGF to support Estonian workers affected by redundancies in the petroleum and chemical sectors.
- The job losses are attributed to global market changes, including falling oil prices and increased competition from China.
- The application meets the specific criteria for assistance under the EGF regulations regarding regional economic impact.
- The proposed support measures are designed to be compatible with a shift toward a resource-efficient and sustainable economy.
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 Estonia – EGF/2016/003 EE/petroleum and chemicals)
Mobilisation of the European Globalisation Adjustment Fund: application EGF/2016/003 EE/petroleum and chemicals
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