European Fund for Transition to support more workers made redundant

workers 2019

(Unsplash, 2019)

This article is brought to you in association with the European Parliament.


Parliament voted to reform the European Globalisation Adjustment Fund supporting workers dismissed due to globalisation, technological or environmental changes.

MEPs changed the name of the fund from the European Globalisation Adjustment Fund to the European Fund for Transition (EFT) and want it to remain an emergency and solidarity tool. They broadened its scope so that the fund would address the adverse effects of globalisation and technological transitions, like digitisation and automatisation, as well as the transition towards a resource-efficient economy.

In addition, Parliament lowered the dismissal threshold, which means there must be 200 redundancies or more before a company in a member state can submit an application to the EFT.

The text closing the first reading in the Parliament was adopted with 570 votes to 103 and 14 abstentions.

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

the sting Milestone

Featured Stings

Can we feed everyone without unleashing disaster? Read on

These campaigners want to give a quarter of the UK back to nature

How to build a more resilient and inclusive global system

Stopping antimicrobial resistance would cost just USD 2 per person a year

The online junk information grows, but so we shall

The true EU unemployment rate may have soared to 21.9%

We can save the Earth. Here’s how

Hostilities in Syria’s southwest, mean cuts in vital aid across Jordanian border: Senior UN official

Consumers to be better protected against misleading and unfair practices

This is how trees could help solve the climate crisis

Why the ocean holds the key to sustainable development

UN emissions report: World on course for more than 3 degree spike, even if climate commitments are met

UN gender agency hails record-breaking number of women in new US Congress as ‘historic victory’

France v Croatia: How the World Cup finalists stack up off the pitch

Food safety: Enhancing consumer trust in EU risk assessment and authorisation

Juncker’s Investment Plan in desperate need for trust and funds from public and private investors

We need to rethink the way we heat ourselves. Here’s why

Here’s how we get businesses to harmonize on climate change

MEPs back plans to halt spread of drug resistance from animals to humans

AI-powered automation will have an ethnic bias

Educational disadvantage starts from age 10

8000 young people in the EP in Strasbourg: “a breath of fresh air for EU democracy”

Sacrifice of fallen ‘blue helmet’ to be honoured with UN’s highest peacekeeping award

Climate change is threatening Switzerland’s stunning scenery

We have to fight for a fairer tech industry for women

Security Council extends mandate of UN Interim Force in Lebanon for a year

EU steps up economic partnership with Kenya to boost job creation

Gas pipeline in the European Union. (Copyright: EU, 2012 / Source: EC - Audiovisual Service / Photo: Ferenc Isza)

EU Investment Bank approves € 1.5bn loan for Trans Adriatic Pipeline (TAP)

Canada has high levels of well-being and solid growth but trade tensions and housing market pose risks while inclusiveness could be improved

Green deal for Europe: First reactions from MEPs

Inflation keeps falling in Eurozone

Will AI make the gender gap in the workplace harder to close?

This AI trash can is designed to stop you wasting food

ICC Appeals Chamber acquits former Congolese Vice President Bemba from war crimes charges

What if Trump wins the November election and Renzi loses the December referendum?

Eurozone: A Sluggish economy offers no extra jobs

‘Terror and panic’ among Rohingya who may be forced to return to Myanmar – UN rights chief

Gender equality and medicine in the 21st century: an equity unachieved

Localized microfactories – the new face of globalized manufacturing

4 reasons cities should embrace Universal Basic Income

A Sting Exclusive live from Brussels: Solheim’s consequential visit leading the world and the UN

Taliban-led violence during recent Afghan polls leaves record high numbers of civilians dead – UN

Parliamentary bid to democratize Myanmar constitution a ‘positive development’ says UN rights expert

Amsterdam is developing a fleet of autonomous boats to reduce city traffic

A Sting Exclusive: Young people are right about climate change; it’s time to listen

3 reasons why data is not the new oil – and why this matters to India

EU/African, Caribbean and Pacific partnership: MEPs list key aims for renewal

EU migration crisis again accentuates lack of unity and solidarity among member states

‘A global measles crisis’ is well underway, UN agency chiefs warn

We could be sleepwalking into a new crisis. How should the business world prepare?

Bring killers of journalists to justice: UN agency seeks media partners for new campaign

EP President praises Nobel Peace Prize award to Denis Mukwege and Nadia Murad

5G will redefine entire business models. Here’s how

Countries must up their game to reduce low birth weights, warns UN-backed report

North Sea fisheries: MEPs back EU plan to sustain stocks of demersal species

The London City-EU connection holds despite of Brexit and the ban of LSE-Deutsche Börse merger

Nokia wins Commission’s approval for Alcatel-Lucent acquisition: a new way for antitrust cases?

Healthcare for refugees: a necessary symbiosis of medicine and politics

FROM THE FIELD: ‘Hope’ on the horizon as UN Peacekeepers push deep into Mali

Oleg Sentsov awarded the 2018 Sakharov Prize

UN chief announces progress on committee to shape Syria’s political future

Further reforms needed for a stronger and more integrated Europe

What we need for a better European Solidarity Corps

In Gaza, UN envoy urges Israel, Palestinian factions to step back from brink of a war that ‘everybody will lose’

More Stings?

Speak your Mind Here

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s