Author (Corporate) | European Commission: DG Communication |
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Series Title | Press Release |
Series Details | IP/14/942 (22.08.14) |
Publication Date | 22/08/2014 |
Content Type | News |
The European Commission on the 22 August 2014 proposed to provide Belgium with €570,945 from the European Globalisation Adjustment Fund (EGF) to help 479 workers made redundant by Ford in Genk (Belgium) and its suppliers to find new jobs. The proposal still requires approval from the European Parliament and the EU's Council of Ministers. Belgium applied for support from the EGF following the redundancies of 512 workers of Ford-Werke GmbH (Ford Genk) and ten of its suppliers. These redundancies were the result of a rapid decline of the EU’s market share in the production of passenger cars at worldwide level. |
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Source Link | Link to Main Source http://europa.eu/rapid/press-release_IP-14-942_en.htm |
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Subject Categories | Business and Industry |
Countries / Regions | Belgium, Europe |