European Globalisation Adjustment Fund

E262400

The European Globalisation Adjustment Fund is an EU financial instrument that supports workers who lose their jobs due to major structural changes in world trade patterns or economic crises, helping them find new employment.

All labels observed (2)

How this entity was disambiguated

Statements (50)

Predicate Object
instanceOf European Union fund
financial instrument
labour market adjustment fund
abbreviation EGF
administeredBy European Commission
appliesTo Member States of the European Union
surface form: European Union member states
beneficiary redundant workers
self-employed persons whose activity has ceased
young people not in employment, education or training in some cases
country European Union
decisionMaker Council of the European Union
European Parliament
eligibleCause COVID-19 pandemic-related crisis
economic crisis
globalisation
other major structural changes
technological change
transition to a low-carbon economy
world trade pattern changes
fundingType co-financing
inception 2007
legalBasis Regulation (EC) No 1927/2006
Regulation (EU) 2021/691
Regulation (EU) No 1309/2013
maximumEUcofinancingRate 60%
65%
85%
partOf European Union budget
provides business start-up aid
career guidance
entrepreneurship support
income support linked to active measures
job-search assistance
mobility allowances
retraining
training
upskilling
purpose co-finance active labour market measures
help redundant workers find new employment
support workers made redundant due to economic crises
support workers made redundant due to major structural changes in world trade patterns
rebrandedAs European Globalisation Adjustment Fund self-linksurface differs
surface form: European Globalisation Adjustment Fund for Displaced Workers
relatedTo EU cohesion policy
European Social Fund
surface form: European Social Fund Plus
sector employment policy
social policy
shortName EGF
timeFrame 2007–2013
2014–2020
2021–2027

How these facts were elicited

Referenced by (3)

Full triples — surface form annotated when it differs from this entity's canonical label.

DG EMPL overseesProgramme European Globalisation Adjustment Fund
European Globalisation Adjustment Fund rebrandedAs European Globalisation Adjustment Fund self-linksurface differs
this entity surface form: European Globalisation Adjustment Fund for Displaced Workers