Globalisation fund: Budgets Committee backs aid to Spain and Ireland

Published: 3 June 2010 y., Thursday

Eurai
2157 former construction workers in Spain and 598 ex-employees at the Irish crystal glass company Waterford Crystal with suppliers could get €11 million in EU globalisation adjustment fund aid for training, self-employment and professional orientation under plans approved by the Budgets Committee on Wednesday. The plans still need to be approved by Parliament as a whole and the EU Council of Ministers.
Parliament's reports on the plans were drafted by Barbara Matera (EPP, IT).

Spain - ceramic industry

Between September 2008 and June 2009, 2425 people lost their jobs at 181 small and medium-sized enterprises in the ceramics industry in the Spanish region of Valencia. Of these, 1600 would be eligible for help from the European Globalisation Adjustment Fund (EGF).

The planned help includes occupational guidance, training, workshops, apprenticeships and counselling on how to set up a business. The total cost of this help is estimated at €10,151,900 of which EU aid would cover €6,598,735.

Spain - door manufacturers

A total of 585 people lost their jobs at 36 firms producing doors and door-frames in the Spanish region of Castilla-La Mancha between November 2008 and July 2009. Of these, 557 would be eligible for EU funded assistance.

If endorsed by Parliament in plenary as well as the Council, the aid would help cover the costs of intensive job-search assistance, occupational guidance, training, workshops, apprenticeships and counselling on how to set up a business. The total cost is expected to be €3 million, of which the globalisation adjustment fund would cover €1.95 million.

Ireland - Waterford Crystal

The Irish application relates to a total of 653 people who lost their jobs at the crystal glass manufacturer Waterford Crystal and three of its suppliers, Thomas Fennell Engineering Ltd, RPS Engineering Services and Abbey Electric in South-East Ireland, between January and May 2009. Of these, 598 would be eligible for EU help.

The package will help the 598 most disadvantaged of these dismissed workers by offering them occupational guidance, help for business start-up and various training courses with the relevant allowances and grants.  These measures are expected to cost € 3,955,159, of which Ireland has applied for €2,570,853 from the EU fund.

Employees at Waterford Crystal in other EU countries also lost their jobs during the crisis but they will not be covered by the measures since no other Member State has applied for EGF support.

Mid-term evaluation of the EGF

In addition to the three cases of direct support to unemployed workers, the Budgets Committee also approved granting the Commission €1.11 million to cover the cost of activities relating to a mid-term evaluation of the EGF, including studies, creation of a knowledge base, meetings between experts and further development of the EGF website.

The EP Employment Committee has also examined the proposed payments and supports all four payments.  Parliament's and Council's endorsement is required to mobilise the funds. The plenary vote is scheduled for 15 June.

 

Šaltinis: europa.eu
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

AB Bank SNORAS increases the capital amounting to LTL 72.5 million

On 31 August 2009 in a non-public way AB Bank SNORAS issued the emission of perpetual debt securities included into the bank capital amounting to LTL 72.5 million. more »

EU invests €6.8m for academic cooperation with industrialised countries in North America

The European Commission, through its longstanding cooperation with the US and Canada, announces the launch of 33 new and innovative projects involving universities and training institutions on both sides of the Atlantic. more »

The European Commission and the cosmetic industry match research funds to develop alternative solutions to animal testing

Today at the VII World Congress on Alternatives and Animal Use in the Life Sciences in Rome, the European Commission and the European cosmetic industry presented their joint financial effort for research into alternative safety testing methods. more »

SEB Bank invests LTL 4.6 million in to faster data transmission technologies

SEB Bank, the largest bank in Lithuania, invests almost LTL 4.6 million in to the upgrade of its data transmission network. more »

World Bank Supports Further Improvement of Rural Road Network in Armenia (39280)

The World Bank’s Board of Executive Directors today approved a credit of US$ 36.6 million equivalent of additional financing for the Lifeline Road Improvement Project for Armenia. more »

IMF Completes First Review Under Stand-By Arrangement with Latvia and Approves €195.2 Million Disbursement

The Executive Board of the International Monetary Fund (IMF) today completed the first review of Latvia's performance under an economic program supported by a 27-month Stand-By Arrangement. more »

Commission approves the restructuring of Austrian Airlines

The Commission has today decided to close the formal investigation procedure into the privatisation and restructuring of Austrian Airlines concluding that the restructuring following its sale to Lufthansa is compatible with community law. more »

Wall Street applauds Bernanke

Ben Bernanke's reappointment as head of the Federal Reserve did not come as a surprise, but Wall Street still responded with the proverbial thumbs up. more »

Statistics on hotels in Lithania

Over I half-year 2009 accommodation establishments had by 22 per cent less guests. more »

Carbon fund set up by EBRD and EIB in 1st Russian venture

In the first such transaction in Russia, carbon credits generated by utilising gas which would otherwise be flared at an oilfield in eastern Siberia are to be purchased through a carbon fund set up by the EBRD and the European Investment Bank (EIB), the Multilateral Carbon Credit Fund (MCCF). more »