Globalisation fund: Parliament backs aid to Germany and Lithuania

Published: 9 March 2010 y., Tuesday

Eurai
Three thousand former car, refrigerator and construction workers in Germany and Lithuania will get €7.6 million in EU globalisation adjustment fund aid for training, self-employment and job guidance after Parliament gave the green light on Tuesday.

The plans were adopted by the Council in Ministers on Monday. The Commission will transfer the funding to Germany and Lithuania within 15 days of the plenary vote. The Member States then have twelve months to use the money. 

Germany: help for former Karmann workers

Between December 2008 and March 2009 2,476 workers lost their jobs at the Karmann car manufacturing group (Wilhelm Karman GmbH and Karmann-Rheine GmbH & Co.KG). Of these, 1,793 will be eligible for help from the European Globalisation Adjustment Fund (EGF). The total cost of this help is estimated at €9,537,449, of which EU aid will cover €6,199,341.

Lithuania: former construction workers and Snaigė employees

A total of 1,612 people lost their jobs at 128 building firms in Lithuania between October 2008 and July 2009. Of these, 806 will be eligible for EU help.    The total cost is expected to be €1,721,374, of which the globalisation adjustment fund will cover €1,118,893.

A total of 651 people lost their jobs at refrigerator manufacturer AB Snaigė and two of its suppliers, UAB Jugos kabeliai and UAB Hoda between December 2008 and May 2009. Of these, 480 will be eligible for help. These measures are expected to cost €397,175, of which Lithuania has applied for €258,163 from the EU fund.

To finance the EGF support, money will be transferred from the European Social Fund's budget. Transferring money from other budget lines is the normal way of funding payments through the European Globalisation Adjustment Fund.

The three applications are the first to be dealt with in 2010. Parliament's reports on the plans, drafted by Reimer Böge (EPP, DE), were adopted with very large majorities.

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

Joint Statement on Greece by EU Commissioner Olli Rehn and IMF Managing Director Dominique Strauss-Kahn

Mr. Olli Rehn, European Union Commissioner, and Mr. Dominique Strauss-Kahn, Managing Director of the International Monetary Fund (IMF), issued the following joint statement on Greece. more »

World Bank Supports Urban Development in Bhutan

The World Bank today approved a $12 million IDA credit to Bhutan, designed to improve infrastructure services in parts of the capital city of Thimphu where no formal services are currently available. more »

Reform of the Common Fisheries Policy high on the agenda at events in Spain

Fisheries ministers and stakeholders alike will be discussing the future shape of the EU's Common Fisheries Policy at two major events in Spain over the next days. On 2 and 3 May, in La Coruña, the Commission and the Spanish Presidency are organising a large stakeholder conference on the reform of the Common Fisheries Policy. more »

IMF’s Regional Outlook Shows Asia Leading Global Recovery

Asia is leading the global recovery and the region’s contribution to global growth will continue to exceed that of other regions in the next two years, the International Monetary Fund (IMF) said today in its latest Regional Economic Outlook (REO) for Asia and the Pacific. more »

EBRD supports development of green energy in Poland

The EBRD is supporting the modernization of the electricity distribution network and the development of renewable energy sources in Poland with a PLN 800 million loan (equivalent to approximately €205 million) to the Energa energy group in order to help the company strengthen its power grid. more »

Baltic Development Forum 2010

At the beginning of the summer this year, Vilnius will become the capital of the Baltic Sea region. On 1-2 June 2010, the city will host the Baltic Sea States Summit and the Baltic Development Forum (BDF) Summit. more »

Visit Lithuania by a Hot Air Balloon at the World EXPO 2010 in Shanghai

Visitors of the World Expo 2010, which will open in the Chinese city of Shanghai on May 1st under the slogan “Better City, Better Life” and will last for 184 days until the end of October, are kindly invited to get into a hot air balloon at the Lithuanian Pavilion. more »

SEB Bank Group Lithuania Result

According to preliminary data, unaudited net loss sustained over the first quarter of the year 2010 by SEB Bank is LTL 59,4 million (EUR 17,2 million) and that by SEB Bank Group is LTL 80,3 million (EUR 23,3 million). more »

Globalisation fund unemployment aid - a good tool, but far too slow

European Globalisation Adjustment fund (EGF) aid must be delivered faster and more simply to unemployed workers hit by the financial crisis or globalisation, concluded the Budgets and Employment committees after evaluating the fund on Wednesday. more »