Home / Knowledge / News / Textiles / EGF pays €35 mn to help redundant textile workers in Italy

EGF pays €35 mn to help redundant textile workers in Italy

16
Dec '08
Mr Vladimír Špidla, EU Commissioner for Employment, Social Affairs & Equal Opportunities
The European Commission has made four payments to Italy from the European Globalisation adjustment Fund (EGF). The total of € 35.16 million will help almost 6 000 workers in the textile sector back into employment.

These workers were made redundant in mainly small businesses located in Sardinia, Piedmont, Lombardy and Tuscany. The redundancies follow the general shift of clothing and accessories production in the European Union towards lower-cost non-EU countries. The payment follows approval by the Budgetary Authority (the European Parliament and the Council) on 19 November.

Vladimír Špidla, EU Commissioner for Employment, Social Affairs and Equal Opportunities said: "These payments, the biggest from the European Globalisation Adjustment Fund so far, benefit workers from more than 800 businesses and show that the EGF can provide support to workers from small and medium sized enterprises as well as those from large companies. These funds are helping almost 6000 workers, who have lost their jobs as a result of globalisation, to find their way back into work more easily and rapidly".

The Italian applications, approved by the Commission in September 2008 cover 5,955 dismissals: 1,044 in Sardinia (in 5 enterprises), 1,537 in Piedmont (in 202 enterprises), 1,816 redundancies in Lombardy (in 190 enterprises) and 1,558 in Tuscany (in 461 enterprises).

The redundancies follow the general shift of clothing and accessories production in the European Union towards lower-cost non-EU countries and the increase of imports of cheap textiles from low-wage economies, largely in Asia.

The EGF is co-financing active labour market policy measures, specific to the needs of the workers in each of the four affected regions, such as occupational guidance, job search assistance and job search allowances, entrepreneurship promotion, training vouchers and incentives for companies recruiting redundant workers.

European Commission


Must ReadView All

Pic: Shutterstock

Textiles | On 20th Oct 2020

Italy clears stimulus package to help pandemic-hit economy

Italy recently approved a new stimulus package in its 2021 budget to...

Pic: Shutterstock

Retail | On 20th Oct 2020

US retail sales growth speeds up, Sept 4th month of gains

A strong rebound in apparel led a continuing V-shaped recovery as...

Pic: Shutterstock

Textiles | On 20th Oct 2020

China building more competitive mulberry silk industry

China is striving to build a more competitive mulberry silk industry...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Fashion tech has to be lean and very productive

Priyanka, Studio Priyanka Rajiv

Priyanka
Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Victor Chao, Esmetex

Victor Chao
Esmetex

‘In future, clothing boundary lines will become increasingly blurred.’

Siddhant Sinha,

Siddhant Sinha

Set up by Pradeep Sinha, a graduate engineer from Manipal Institute of...

Zafer Demirel,

Zafer Demirel

Turkey's Canlar Mechatronics is a leading designer and manufacturer of...

Herbert Guebeli,

Herbert Guebeli

Switzerland-based Sedo Engineering develops technologies for the denim...

Pierre Wiertz, EDANA

Pierre Wiertz
EDANA

EDANA, the international association serving the nonwovens and related...

Keith McMillen, Bebop Sensors

Keith McMillen
Bebop Sensors

Bebop Sensors' smart fabrics allows for a new level of interaction between ...

Justin Chan & Shyam Gollakota, University of Washington

Justin Chan & Shyam Gollakota
University of Washington

A fabric that can store data without any electronics or batteries has been ...

Divvya and Nidhhi Gambhir, Walnut

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

Suman Nathwani, Suman Nathwani

Suman Nathwani
Suman Nathwani

<span style="font-size: 12px;">Designer Suman Nathwani talks about her...

Tony Ward, Tony Ward

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

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

Leave your Comments


October 2020

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


Advanced Search