MEPs set to vote on help for German & Lithuanian workers

Published: 8 March 2010 y., Monday

Eurai
Over €7.6 million in financial aid for training and self-employment could be available to former workers in German and Lithuanian if MEPs back the measures Tuesday. Workers at the Karmann car company and construction workers in Lithuanian have lost their jobs, due in part to the economic crisis. They may benefit from the European Globalisation Adjustment Fund (EGF) under which MEPs approved aid worth euro 52.3 million to help 15,000 people who lost their jobs in eight States in 2009.

With the rapid decline in worldwide demand for cars, those working in the car industry have been seriously affected by the economic crisis. Among last year's beneficiaries were Swedish Volvo Cars workers, as well as Austrian and Spanish automotive enterprises.

The construction industry has also been hard hit, with falling demand for houses and increasing raw material prices. Among the beneficiaries of the EGF were Dutch construction workers.

In 2009, further aid went to workers in traditional industries like textiles in Belgium, Portugal and Spain, and more modern ones such as telecommunications with Nokia shifting its German production to Asia and Latin America.

Similarly, when Dell decided to close its computer factory in Ireland and move to China, Dell employees benefited from EGF support.

European Ministers meeting are expected to vote on latest package on Monday 8 March. If MEPs back it on 9 March, the European Commission will transfer the funding to EU States within 15 days. Governments will then have 12 months to use the money.

Each government has the right to apply for the European Globalisation Adjustment Fund if a company has had at least 500 redundancies over a 4-9 month period. The money is mainly used for job searches, trainings and to help people start their own business. The Fund can pay up to 65% of the total cost with the rest paid by the State, the region or the local authority.

 

 

Šaltinis: europarl.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

China bought Volvo

In Gothenburg Sweden a deal is done for Volvo. A delegation from China’s Zhejiang Geely Holding Group, China’s largest private-run car maker, was given the red carpet treatment when it agreed to buy Ford Motor’s Volvo car unit for 1.8 billion dollars. more »

Zapatero hopes to reach employment figures of 70 percent for women in the EU by the year 2020

The President of the Spanish Government and current rotational President of the European Union, José Luis Rodríguez Zapatero, affirmed this Sunday that during his presidency of the EU, Spain will continue to support the inclusion of the "complete affirmation of equality between men and women" within the new economic strategy. more »

UniCredit Bank Lithuanian Branch resisted the economic recession

Despite the unfavorable macroeconomic situation, AS UniCredit Bank Lithuanian Branch achieved positive activity indicators in 2009: the bank branch operated profitably, the total loan portfolio and assets increased and the number of customers grew. more »

2011 budget: Parliaments spells out its priorities

Young people, economic recovery and research should be the EU's top budgetary priorities, said the European Parliament on Thursday, when it became the first EU institution to adopt an opinion on next year's budget. more »

Eurogroup countries give their support to the aid mechanism for Greece

The sixteen leaders of the euro area countries (the Eurogroup) have given their support to the financial aid mechanism for Greece; this involves the participation of the International Monetary Fund (IMF) and of the euro area countries through bilateral loans. more »

European social partners meet EU to debate exit from the crisis and Europe 2020 strategy

Today, President of the European Commission José Manuel Barroso, President of the European Council Herman Van Rompuy and Spanish Prime Minister José Luis Rodriguez Zapatero representing the Presidency of the Council met the European social partners to look at how Europe can exit the current economic and financial crisis. more »

Parliament backs aid to unemployed in Lithuania

Around 1,100 former furniture and textile workers in Lithuania will receive EU aid worth €1.2 million following a vote by Parliament on Thursday. more »

Developing countries facing the “abyss” says report

An estimated 100 million people in developing countries will fall into extreme poverty because of the economic and financial crisis, according to a report being presented Wednesday evening in the House. more »

EU to make its first formal decisions on the common economic strategy for the next ten years

The Heads of State or Government of the EU-27 will make their first formal decisions in the process to develop the “Europe 2020” strategy that aims to achieve sustainable economic growth, job creation as well as recognition for the European social model. more »

Telecoms: Lithuania withdraws proposed regulatory measures on network access market

On 16 March 2010 the Lithuanian Authority, Ryšių reguliavimo tarnyba (RRT), informed the European Commission that it was withdrawing its proposed measure on network infrastructure access markets. more »