The European Commission proposed a series of financing deriving from the European Globalisation Adjustment Fund (EGF) to former workers of Fokas Departments in Greece , Air France, and Fiat (Poland).
The European Commission has proposed to provide Greece with €6.4 million from the European Globalisation Adjustment Fund (EGF) to help 600 former workers of the Fokas department stores to find new jobs, and to extend its support to 500 young people not in employment, education or training (NEETs). Most of the redundancies happened in the regions of Attica, Central Macedonia and Thessaly. The proposal now goes to the European Parliament and the EU’s Council of Ministers for approval.
Marianne Thyssen, EU Commissioner for Employment, Social Affairs, Skills and Labour Mobility, commented: “Many sectors and industries in Europe are going through major structural changes, as a consequence of globalization. The European Globalisation Fund is a concrete expression of European solidarity. It will continue to help Member States to re-integrate people who have lost their job into the labor market and support them to adapt their skills. Through this fund, we are accompanying workers who experience hardship in the difficult transition to new jobs and I have the intention to maximize its performance during the coming years.”
Greece applied for support from the EGF following the dismissal of 600 workers in Odyssefs Fokas S.A. These job losses were the result of the global financial and economic crisis which has deeply affected the Greek economy.
(source: EU, neurope)
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