The European Commission has today proposed to provide Spain with €1.3 million from the European Globalisation Adjustment Fund (EGF) to help 320 redundant workers in the construction sector with their re-integration into the labour market.
The proposal now goes to the European Parliament and the EU's Council of Ministers for their approval.
Spain applied for support from the EGF concerning 836 redundancies from 377 small and medium sized enterprises operating in the construction sector in the Aragón region, where construction is a major employer. Of the total 836 redundant workers, 320 workers with the most difficulty to get new jobs are targeted for assistance from the EGF.
The package aims to help the workers by offering them vocational education, one-on-one counselling, skills assessment and coaching; entrepreneurship courses and on-going advice and mentoring for entrepreneurs; job-search allowances and outplacement incentives, and other necessary subsistence allowances.
The total estimated cost of the package is approximately €2 million, to which the EGF would provide €1.3 million.
In addition, the European Commission has made a payment to Spain from the European Globalisation Adjustment Fund of €1.6 million to help 1,138 former construction workers in the region of Comunidad Valenciana back into employment. This payment follows approval by the European Parliament and the EU's Council of Ministers on 19 April 2012. The relevant proposal was made by the Commission on 15 February 2012.