Funds to help employees harmed by globalization

The European Council of December 15 and 16, 2005, decided to set up a European adjustment fund for globalization, provided with 500 million euros. It will help employees who have lost their job due to a company's restructuring directly related to a negative impact of globalization. The regulation linked to the creation of this fund is under way. (Ref. 06118)

Through . Published on 10 February 2006 Ă  16h59 - Update on 20 March 2013 Ă  19h50

Last October 20, the president of the European Commission proposed to create a special fund to help employees adapt to the consequences of globalization. This idea was also meant to feed  discussions on the European Union’s financial prospects  over the period 2007-2013.…

Need more info ?

Contact

mind's on-demand study service

  • This field is for validation purposes and should be left unchanged.