Econostrum | Economic News in the Mediterranean

European Parliament approves €2 million aid to former shipbuilding employees in Galicia

Written by Eric Apim on Tuesday, October 20th 2020 à 16:17 | Read 233 times

The European Union is going to participate in 60% of the Xunta de Galicia's plan to help former shipbuilding workers (photo: DR)
The European Union is going to participate in 60% of the Xunta de Galicia's plan to help former shipbuilding workers (photo: DR)
SPAIN. Following the positive vote obtained on Monday 12 October 2020 in the European Parliament's Committee on Budgets, the plenary session of the European Parliament on Monday 19 October 2020 approved the €2.05 million aid granted to former shipbuilding workers in Galicia.

This package, coming from the European Globalisation Adjustment Fund (EGF), will cover 60% of the total cost (€3.4 million) of the plan led by the Xunta de Galicia, the regional authority, to support around 500 employees (out of the 960 affected in 38 SMEs) in related shipbuilding sectors in Galicia who were made redundant between May 2019 and February 2020. The scheme provides career guidance, support in their job search, opportunities to acquire new skills through vocational training, as well as mentoring and guidance after finding another job.

According to the European Commission, which forwarded the dossier to the European Parliament for approval, "the decline in the EU's share of the world shipbuilding market and the increase in external competition in the sector have had disastrous consequences for the auxiliary shipbuilding sector in Galicia".

The text, presented by the French rapporteur Valérie Hayer, only needs to be endorsed by the European Council to become effective.


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