Press Release: Employment: Commission proposes €1.5 million from Globalisation Fund to support jobs following closure of jewellery firm in Ireland

The European Commission proposed to provide Ireland with €1.5 million from the European Globalisation Adjustment Fund (EGF) to help 138 former workers of the jewellery firm Andersen Ireland Limited to find new jobs. The money would also help 138 young people not in employment, education or training (NEETs) to find job opportunities, a possibility offered by the new EGF Regulation. The proposal now goes to the European Parliament and the EU's Council of Ministers for approval.

The total estimated cost of the package is €2.5 million, of which the EGF would provide €1.5 million.

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