Brussels (Eurotoday) – EU Parliament approved aid worth €700,000 to help 632 dismissed workers in Belgium.
The European Parliament Committee on Budgets endorsed Belgium’s request for €704,135 in EU support through the European Globalisation Adjustment Fund for Displaced Workers (EGF). The aid will help 632 former workers from machinery and paper companies Purmo and Sappi in the Flemish region of Limburg.
As reported by EU Parliament Press, MEPs stated that the profiles of the displaced employees, one-third of which are aged 55 years or more and 30 % with low education, translate into extreme barriers in the labour market.
What caused the layoffs at the Sappi and Purmo plants?
Both Sappi Lanaken and Purmo Group had to expel employees due to dropping demand for their products and economic difficulties. Sappi Lanaken shut its plant because digitalization decreased the need for woodfree coated paper and shifting production was too expensive, while Purmo Group’s Zonhoven plant stopped production due to a 60% reduction in panel radiator demand, higher operational expenses, and unfavorable market conditions affected by the war in Ukraine and EU ruling favoring alternative heating systems.
How will the €700,000 EU aid help displaced workers?
According to the EU Parliament, the EGF funding will assist in paying for counseling and vocational orientation, job search allowances, as well as skills activity in vocational, digital, and language skills. The total calculated cost of these actions is €1.2 million, with 60% (€700,000) spent by the EGF and the remaining 40% (€500,000) funded by the Flemish Employment and Vocational Training Service (VDAB).
What role does the European Globalisation Adjustment Fund play?
Moreover, under the EGF regulation 2021-2027, the Fund helps displaced employees and self-employed people who have lost their activity due to unexpected significant restructuring events. Since 2007, the EGF has assigned €696 million in 180 cases, providing support to more than 169,000 people in 20 Member States. EGF-supported efforts complement national active labour market measures.
Comments
5 responses to “EU Parliament Approves €700,000 Aid Package for Displaced Workers in Belgium”
-
Ah, €700,000 for 632 displaced workers in Belgium—because nothing says “we care” quite like tossing a few coins into a fountain while the real heavy lifting of job creation clearly remains a job for the next EU committee meeting, right?
-
Ah, the EU Parliament has graciously approved a whopping €700,000 to help 632 Belgian workers displaced by the whims of digitalization and market trends—because who needs a stable career when you’ve got a charmingly bureaucratic safety net to fall back on, right?
-
Ah, nothing like a €700,000 aid package for 632 displaced workers in Belgium to remind us that in the EU, even the crumbs of compassion come with a side of bureaucratic theatrics—because what’s more reassuring than an EU safety net that’s frayed at the edges and still costs more than your average Belgian waffle?
-
Ah, €700,000 to help 632 workers find new careers in Belgium—because nothing says “let them eat cake” quite like a bureaucratic band-aid on a digital age bullet wound!
-
Ah, the EU Parliament’s generous €700,000 gift to help 632 displaced workers in Belgium—because nothing says “compassionate governance” like a financial band-aid for a gaping wound in the job market, eh?
Last News
Report: Manus Investors Pursue $2 Billion Buyback of AI Firm from Meta
San Francisco, California, United States, June 18 – Eurotoday Newspaper — Manus AI buyback discussions are drawing significant attention after a report indicated that the artificial intelligence company’s original investors are exploring a plan to repurchase the business from Meta in a deal valued at approximately $2 billion. If completed, the transaction could become one of the most closely wat
Dimensional Fund Advisors Ltd.: Form 8.3
Press ReleaseThis article is based on a press release or official communication from Wire News Service. The European Times republishes it as a public service.
PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BYA PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”)
1.
KEY INFORMATION
(a)
Full name of discloser:
Dimensional
‘Belgian PM Proposes Costa for Diplomatic Mission to Moscow’
De Wever humorously added: “And that we should send you to Moscow as soon as possible.”
This joke referred to leaders’ debates about establishing a direct communication line with Putin and who should represent the EU in future peace talks.
Costa laughe
Côte d’Ivoire Leads Regional War on Terror
Calling for renewed co-operation with neighbouring Mali and Burkina Faso, Mr Ouattara, se
Notification of Transactions in Invalda INVL’s Securities
Trumps Iran-Deal, Marine auf Kurs & das ABC der Innenminister*innen
Lebanon First Responders Salvage Priceless Memories from Devastated Headquarters
Beirut, Lebanon, June 18 – Eurotoday Newspaper — Lebanon first responders are working through the remains of a destroyed headquarters, recovering personal belongings, historic records, photographs, and other treasured items buried beneath the rubble. While emergency teams continue assessing structural damage, many responders say preserving memories has become just as important as clearing debris
The Church of Jesus Christ Provides Meals to Families Across All 50 States for America250
EU Leaders Outraged by Costa Official’s Talks with Kremlin
Th
UK Announces $996 Million Ukraine Aid Package Including 150,000 Military Drones
London, United Kingdom, June 18 – Eurotoday Newspaper — UK drones to Ukraine are set to become a major part of Britain’s latest military assistance after the UK government announced a package valued at approximately $996 million, including the delivery of 150,000 drones to support Ukraine’s defense capabilities. The announcement represents one of the largest drone commitments made by the United
Leave a Reply