EGF
E905418
EGF is a European Union financial instrument that supports workers who lose their jobs due to major structural changes in world trade patterns or economic crises.
Statements (47)
| Predicate | Object |
|---|---|
| instanceOf |
European Union financial instrument
ⓘ
fund ⓘ |
| abbreviation | EGF NERFINISHED ⓘ |
| administeredBy | European Commission NERFINISHED ⓘ |
| aimsAt | facilitating reintegration into employment ⓘ |
| alsoKnownAs | European Globalisation Fund NERFINISHED ⓘ |
| applicationsSubmittedBy | EU Member States NERFINISHED ⓘ |
| beneficiaries |
redundant workers
ⓘ
young people not in employment, education or training (in some programming periods) ⓘ |
| benefits |
career guidance
ⓘ
entrepreneurship support ⓘ income support linked to active labour market measures ⓘ job‑search assistance ⓘ mobility allowances ⓘ training measures ⓘ |
| budgetCeiling | 210 million euro per year (current multiannual financial framework, in 2018 prices) ⓘ |
| cofinancingRate |
up to 60% of eligible costs (earlier periods)
ⓘ
up to 65% of eligible costs (later periods, depending on regulation) ⓘ |
| country | European Union ⓘ |
| distinctFrom | European Social Fund Plus NERFINISHED ⓘ |
| established | 2007 ⓘ |
| excludes |
passive social protection measures such as pensions
ⓘ
restructuring of companies or sectors ⓘ |
| fullName | European Globalisation Adjustment Fund NERFINISHED ⓘ |
| fundingType | complementary to national labour market measures ⓘ |
| geographicalScope | all EU Member States ⓘ |
| languageOfAcronym | English NERFINISHED ⓘ |
| legalBasis | Regulation (EU) 2021/691 NERFINISHED ⓘ |
| managedUnder | shared management between European Commission and Member States ⓘ |
| monitoredBy | European Court of Auditors NERFINISHED ⓘ |
| policyArea |
cohesion policy
ⓘ
employment policy ⓘ social policy ⓘ |
| predecessor | European Globalisation Adjustment Fund (2007–2013) NERFINISHED ⓘ |
| purpose | support workers who lose their jobs ⓘ |
| replaced | Regulation (EU) No 1309/2013 NERFINISHED ⓘ |
| reportsTo |
Council of the European Union
NERFINISHED
ⓘ
European Parliament NERFINISHED ⓘ |
| startOfOperation | 1 January 2007 ⓘ |
| supports |
self‑employed persons
ⓘ
workers ⓘ |
| timeFrame | temporary and targeted support ⓘ |
| triggerCondition |
global financial and economic crises
ⓘ
large company restructuring or closure ⓘ major structural changes in world trade patterns ⓘ mass redundancies in a sector ⓘ |
| website | https://ec.europa.eu/social/main.jsp?catId=326 ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.