For the period 2014 – 2020, Member States could generally make applications for assistance from the European Globalisation Adjustment Fund (EGF) in cases where at least 500 workers were made redundant in a specific company (including suppliers / downstream producers) in a 4 month period, or at least 500 redundancies in a specific sector in a 9 month period.
However, in small labour markets or in exceptional circumstances, applications could be made where these criteria were not entirely met if there was a serious impact on employment and the local, regional or national economy.
The scope of the EGF covered education and training programmes, career advice and guidance and enterprise supports. The EGF programme supports were only provided within a 24 month period starting from the date of submission of an EGF application.
For the 2014 – 2020 period, the EGF had a maximum annual budget of €150 million. It could fund up to 60% of the cost of supports designed to help redundant workers find another job or set up their own business.
Details of these programmes are included in EGF Programmes in Ireland.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.