The European Commission has paid the Portuguese and Maltese authorities 3.1 million euro from the European Globalization Fund (EGF) to help the employees dismissed in the automobile sector in Portugal (1.549 people) and in the textile industry in Malta (675) to get back into work. The Commission is currently analyzing five further applications for the EGF. (Ref. 080449)
“This money will help those who have lost their jobs as the result of the impact of globalization” said Vladimír Špidla, EU Commissioner for Employment, Social Affairs and Equal Opportunities. “In Portugal, where auto companies are moving production to lower-cost countries and in Malta, where the small labor market was hard hit by the loss of 675 jobs, the payments will co-finance active labor market measures, which will help those who’ve lost their jobs find their way back into work.” The Port
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