Netherlands: Budget MEPs back €1.2m in job-search aid for 450 redundant workers

This article is brought to you in association with the European Parliament. Following the dismissal of 1,324 workers in 20 banks in the affected regions, the most disadvantaged among them should receive EU aid worth €1,192,500 to help find new jobs. It is the first time that funds from the European Globalisation Adjustment Fund (EGF) would […]

European Globalisation Adjustment Fund, who gets it and who pays the bill?

The Budgets Committee of the European Parliament (EP) announced yesterday that they approved financial aid to the Netherlands, Greece, Romania and Spain, whose workers were laid off as redundant due to globalisation or the financial crisis. It seems that the applications of the authorities of each country to the EU were fruitful, however it remains […]