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

Developing nations in dire need

The financial crisis is having a serious impact on low-income countries. more »

EU drives G20 crisis action

The agreement was welcomed by the EU, which has led efforts to crack down on loose banking practices that caused the financial crisis. more »

AB Bank SNORAS group will acquire AB bankas “Finasta” and other companies of AB “Invalda” financial sector

On 31 March this year, the boards of AB Bank SNORAS and AB “Invalda” approved of the purchase and sales transaction of AB “Invalda” financial group's companies. more »

MEPs to vote to step up eco-labelling

MEPs will vote on Thursday 2 April on a first reading agreement on the voluntary EU Ecolabel (“EU flower”) system for environment-friendly products to become less costly and bureaucratic to use. more »

Credit rating firm says U.S. banking industry won't recover until 2010

The fourth quarter of 2008 was not so good for the banking industry, and the financial conditions of commercial banks and savings and loans is expected to further deteriorate for the rest of 2009 and the first part of 2010, according to LACE Financial Corp. more »

Europe's trade with developing countries: Who really benefits?

MEPs recently gave the green light to a new trade deal between Europe and Caribbean countries. more »

Verizon Business Deepens IP Capabilities That Enable Telework

New VoIP Features Boost Flexibility, Mobility, Cost Savings for Organizations Seeking to Untether Workers. more »

Revised GDP

According to the revised data, in IV quarter 2008, GDP at current prices made LTL 28578.8 million and against IV quarter 2007 decreased by 2.2 per cent. more »

Fisheries control: committee rewrites rules on recreational fishing

The EP Fisheries Committee rewrote the rules on recreational fishing in its consultative report, adopted Tuesday, on a proposed “control regulation” to ensure compliance with common fisheries policy (CFP) rules. more »

Trademark fees slashed

In a measure of the Union’s strong growth prior to the financial crisis, the demand for EU trademark rights has shot up in recent years, creating an unexpected budget surplus. more »