European Globalisation Adjustment Fund for Displaced Workers

The EGF will support the socio-economic transformations caused by globalization and technological and environmental changes by helping redundant workers and the self-employed who have ceased their activities to adapt to structural change.

LEGAL BASIS

Regulation (EU) 2021/691 of the European Parliament and of the Council of 28 April 2021 on the European Globalisation Adjustment Fund for Displaced Workers (EGF) | OJ L 153/48, 3.5.2021

DOCUMENTS

Opinion of the European Committee of the Regions on ‘European Globalisation Adjustment Fund | OJ C 86/12, 7.3.2019
Report on the activities of the European Globalisation Adjustment Fund in 2017 and 2018 | COM(2019) 415 final, 16.9.2019


General information


Procedure

The EGF adds to existing job market assistance services by providing personalised measures for the unemployed.

The EGF can co-finance measures such as

  • help with looking for a job
  • career advice
  • education, training and re-training
  • mentoring and coaching
  • entrepreneurship and business creation

It can also provide training or subsistence allowances or similar support, including allowances for carers, mobility and relocation allowances, and employers’ recruitment incentives. The EGF does not co-finance social protection measures such as pensions or unemployment benefits.

Who can benefit?

Individual workers made redundant can benefit from EGF projects. This includes self-employed, temporary and fixed-term workers. The EGF does not provide support to help companies stay in business, modernise or restructure.


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