European aid of 6,4 million euro from Globilisation Adjustment Fund euro for greek former workers and NEETsApril 15, 2016
Hat: The European Commission has proposed to provide Greece with €6.4 million from the European Globalisation Adjustment Fund (EGF) following the bankrupcy of the cooperative Supermarket Larissa.
Funding Scheme: 2016-04-15
Pgm2014 2020: Yes
The EGF provides grants for active labour market policy measures, aiming to facilitate the re-integration of workers in areas, sectors, territories or labour markets suffering the shock of serious economic disruption. The European Commission has proposed to provide Greece with €.4 million euro following the bankruptcy of the cooperative Supermarket Larissa
The European Commission has proposed to provide Greece with €6.4 million from the European Globalisation Adjustment Fund (EGF) in order to help 557 former workers of Supermarket-Larissa to find new jobs, following the bankrucy of this Supermarket. 543 young people not in employment, education or training (NEETs) will also benefit from this aid.
This aid would co-finances measures that would help the workers and the NEETs to find new jobs. It will provide them with occupational guidance, vocational training, specific counselling services towards entrepreneurship, contributions to business start-ups etc. The proposal now goes to the European Parliament and the EU’s Council of Ministers for approval.
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