The European Commission approved, on December 13, 2007, Malta's request to get help from the European Globalization Adjustment Fund (EGF). The EGF's contribution, of more than 600.000 Euros, is aimed at helping 675 employees from the Maltese textile sector, who were dismissed, to find a new job. (Ref. 071020)
The EGF help request was introduced after two Maltese textile manufacturing companies decided to end their activity, VF and Bortex.
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