Opinion Factsheet  

European Globalisation Adjustment Fund (EGF)

Opinion Number: CDR 4106/2018
Rapporteur: PUIG I FERRER Ximo
Commission: ECON
Status: Currently in discussion
Date: 05/12/2018
to welcome the changes proposed to the EGF, such as the lower thresholds of displaced workers or the inclusion of dismissals in different economic sectors but in the same region in the intervention criteria, since those changes will substantially simplify the use of the Fund for potential beneficiaries and thus result in a higher uptake of the fund helping in this way the relevant authorities at national, regional and local level cushion more effectively the adverse side effects of globalisation.
to highlight that according to the OECD’s report Productivity and Jobs in a Globalised World: (How) Can All Regions Benefit? helping regions identify opportunities in globalisation is essential, and ensuring countries remain open to globalisation will require greater success in addressing regional divides within countries.