Press Release: 1,500 former workers of Volvo and its suppliers to get help worth €9.8 million from EU Globalisation Fund

On 21 October 2009 the European Commission approved an application from Sweden for assistance from the European Globalisation Adjustment Fund (EGF). The application, one of the first benefiting from the revised regulation, will now be put before the European Parliament and the Council of the European Union for decision. If approved, the €9.8 million requested will help 1,500 workers made redundant in the motor industry back into employment.

ESO: Background information: European Commission: DG Employment, Social Affairs and Equal Opportunities: The European Globalisation Adjustment Fund (EGF) http://www.europeansources.info/record/website-the-european-globalisation-adjustment-fund-egf/

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