Econostrum | Economic News in the Mediterranean
     

Employees made redundant due to the difficulties of the Galician shipbuilding industry will benefit from €2 million


Written by Frédéric Dubessy on Tuesday, October 13th 2020 à 15:03 | Read 211 times



The former employees of the ship repair industry, here in Vigo in 2018, will be able to retrain (photo: DR)
The former employees of the ship repair industry, here in Vigo in 2018, will be able to retrain (photo: DR)
SPAIN. On Monday 12 October 2020, the European Parliament's Committee on Budgets voted in favour of a €2.05 million aid package for former employees in the shipbuilding industry in the Galicia region. This sum should enable them to be reintegrated into the labour market. The text presented by the French rapporteur Valérie Hayer received thirty-seven votes in favour, one against and two abstentions.

The €2,054,400 will benefit around 500 of the 960 people made redundant in 38 SMEs between May 2019 and February 2020.

The Xunta de Galicia, the regional authority, had applied for this support from the European Globalisation Adjustment Fund (EGF), set up in 2007 to "help workers made redundant as a result of major structural changes in world trade patterns or unexpected financial and economic crises". The European Commission relayed the application to the European Parliament in September 2020, arguing that "the decline in the EU's market share in world shipbuilding production and the increase in external competition in the sector have had disastrous consequences for the auxiliary shipbuilding sector in Galicia".
Only two steps remain for this decision to become effective: a plenary vote in the Parliament, scheduled for 19-23 October 2020, followed by approval by the European Council.

The €2.05 million will then be used to co-finance 60% of the Xunta de Galicia's €3.4 million plan, which provides former employees in related sectors of the shipbuilding industry with "vocational guidance, support in their search for work, opportunities to acquire new skills through vocational training, and tutoring and guidance after finding another job", as stated in a press release from the European Parliament.

 



In the same section
< >

   Partners









About Econostrum.info Econostrum.info is an independent media that deals with the daily economic news of the countries bordering the Mediterranean. Economic cooperation, business news by sector (Industry, Services, Transport, Environment, Society/Institutions), thematic files, airport news, airlines and shipping companies (new destinations)... are treated and analysed by a team of journalists present in the Mediterranean basin. Subscribe to Econostrum.info To be the first to know, with unlimited access to all articles. To receive the weekly newsletters and special newsletters sent as soon as our files are published. Automatically renewable subscription, but the reader keeps control of it or yearly subscription. For individuals or professionals...