Welcome to the Maltese
EGF website!
Created
in 2007, the European Globalisation Adjustment Fund (EGF) is a solidarity fund,
which finances active labour market measures in the context of unforeseen and
significant redundancies. It is outside the MFF ceilings, so it can be used in
an emergency.
The
European Globalisation Adjustment Fund provides support for people who lose
their jobs due to major structural changes in world trade patterns due to
globalization, e.g. when a large company closes, or production is moved outside
the EU or following the global economic and financial crisis.
A financial contribution from the EGF can be granted for active
labour market policy measures that are part of a coordinated package, designed
to facilitate the reintegration of targeted beneficiaries, in particular the
most disadvantaged among them, into employment or self-employment. Some of the measures include:
help with looking for a job
careers advice
education, training and re-training
mentoring and coaching
entrepreneurship and business
creation
It
can also provide training allowances, mobility/relocation allowances, subsistence
allowances or similar support. The EGF does not co-finance social protection
measures such as pensions or unemployment benefit.