Steel is one of the sectors that have been hit the hardest by the economic crisis and it has been strongly exposed to international competition. Currently, the economic slowdown and relatively weak demand for steel in Europe results in overcapacity.
The European Commission has today proposed to provide Ireland with €2.7 million from the European Globalisation Adjustment Fund (EGF) to help 592 workers made redundant by Talk Talk Broadband Services and three of their suppliers with their re-integration into the labour market.
Banca di Credito Cooperativo Mediocrati (BCCM) is joining the group of microcredit providers under Progress Microfinance with a senior loan of up to EUR 4,5 million aimed at supporting micro-enterprises and self-employed entrepreneurs in the Calabria Region.
This month's Labour Market Factsheet shows that unemployment is expected to worsen further in the coming months.
The European Progress Microfinance Facility has proved to be a successful tool to create jobs, particularly amongst groups with difficulties to raise finance from more traditional sources, by helping start-ups by micro-entrepreneurs, according to the second annual report on its implementation, published today.
The European Commission has today proposed to provide The Netherlands with €2.9 million from the European Globalisation Adjustment Fund (EGF) to help 435 redundant workers in the construction sector, strongly affected by the economic and financial crisis, with their re-integration into employment.
The European Commission has today proposed to provide Sweden with €4.3 million from the European Globalisation Adjustment Fund (EGF) to help 700 workers made redundant by the pharmaceutical firm AstraZeneca back to employment.
Two studies undertaken for the European Commission on apprenticeships and traineeships in all EU Member States recommend that these schemes should be more responsive to labour market requirements, better adapted to business needs and offer more guarantees in terms of quality and perspectives for young people.