Home / Knowledge / News / Textiles / EC proposes €840,000 help to Spanish textile workers
EC proposes €840,000 help to Spanish textile workers
29
Jan '14
The European Commission (EC) has proposed to provide Spain with €840,000 from the European Globalisation Adjustment Fund (EGF) to help 300 workers made redundant in the textile sector in Comunidad Valenciana (Spain) to find new jobs, according to a press release from the Commission.
 
The funds, requested by the Spanish authorities, would help former workers from 198 small and medium-sized businesses.
 
However, the proposal needs to be approved by the European Parliament and the EU’s Council of Ministers before it can be distributed.
 
EU Commissioner for Employment, Social Affairs and Inclusion László Andor commented: “Workers in the Spanish textile industry have been hard hit by rising global competition and the economic crisis. The Spanish labour market is particularly challenging, but I am convinced that the proposed support from EGF would help the workers who lost their jobs to find new opportunities.”
 
Spain applied for support from the EGF following the dismissal of 560 workers in 198 small and medium sized textile enterprises in Valenciana. The dismissals were the result of increased competition from textiles manufactured elsewhere in the world, compounded by the economic crisis.
 
The total estimated cost of the package is €1.68 million, of which the EGF would provide half. The measures co-financed by the EGF would help the 300 workers facing the greatest difficulties in finding new jobs by providing them with one-to-one counselling and guidance, skills assessment and outplacement, general training and re-training, individual vocational training, entrepreneurship promotion and support, outplacement incentives, job-search allowance and a contribution to commuting expenses.
 
Since the closure of the World Trade Organization's (WTO) ten-year transitional Agreement on Textiles and Clothing (ATC) at the end of 2004, the European Union market for textiles has been open to far more global competition, particularly from China and other Far Eastern countries.
 
Over the period 2004-2012, the EU trade balance in textiles deteriorated substantially. There was a 17 percent increase in imports of textiles into the EU over the period whilst the export of textiles from the EU to the rest of the world decreased by 3 percent. The EU trade balance for textiles decreased from a surplus of €1,107 million in 2004 to a deficit of €3,067 million in 2012. 
 
The Spanish textile industry has undergone extensive restructuring and modernisation in response to increased competition that followed the expiry of the World Trade Organisation's Multifibre Arrangement and the ATC which succeeded it. However, redundancies linked to the restructuring of the textile industry have been compounded by the overall negative effect of the economic crisis on employment. The unemployment rate in the region increased rapidly, rising from 9.61 percent in the first quarter of 2008 to 29.19 percent in the same quarter of 2013.
 

Fibre2fashion News Desk - India


Must ReadView All

Serbian economy minister Goran Knezevic (left) and Taypa president Mesut Toprak after signing the MoU. Courtesy: Serbian Government/SeeNews

Textiles | On 20th Oct 2017

Turkish group Taypa to build textile factory in Serbia

Turkish textile group Taypa will invest euro 35 million ($41.2...

China’s textile & apparel exports rise 4.3% in Sept ’17

Textiles | On 20th Oct 2017

China’s textile & apparel exports rise 4.3% in Sept ’17

Registering an increase of 4.3 per cent year-on-year, the exports of...

Courtesy: Messe Frankfurt

Textiles | On 20th Oct 2017

Heimtextil to focus on textile solutions for architects

Heimtextil 2018, world's leading trade fair for home and contract...

Interviews View All

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

October 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
77.9%
No
13.2%
Skip
8.8%

Total Votes: 68

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.8%
No
27.9%
Skip
10.3%

Total Votes: 68

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
85.3%
No
10.3%
Skip
4.4%

Total Votes: 68

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
75.0%
No
11.8%
Skip
13.2%

Total Votes: 68


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search