In the coming months, the European Commission will take ten initiatives to implement the New Skills Agenda for Europe which it adopted on 10 June.
The European Globalisation Adjustment Fund provides targeted support to people losing their jobs because of major structural changes due to globalisation, e.g. when a large company shuts down or production is moved outside the EU, or because of the global economic and financial crisis. EGF applications and cases are managed and implemented by national or regional authorities. Each project runs for 2 years