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Commission proposes five million euro from Globalisation Fund for former workers of Antonio Merloni S.p.A. in Italy

20/02/2013
Commission proposes five million euro from Globalisation Fund for former workers of Antonio Merloni S.p.A. in Italy © www.shutterstock.com aaphotograph

The European Commission has proposed to provide Italy with five million euro from the European Globalisation Adjustment Fund (EGF) to help 1,517 former workers of Antonio Merloni S.p.A. with their re-integration into employment.

The proposal now goes to the European Parliament and the EU's Council of Ministers for their approval.

Italy applied for support from the EGF for 1,517 workers made redundant by Antonio Merloni S.p.A., an Italian manufacturer of domestic appliances. All redundant workers are expected to participate in the measures. The package will help the workers by offering them careers advice, special guidance for those over 50, job-search assistance, vocational training, skills upgrade and entrepreneurship promotion. These measures will be complemented with hiring benefits, a job-search allowance, a contribution to commuting expenses and to expenses for moving their residence.

The total estimated cost of the package is approximately €7.7 million, of which the EGF would provide five million euro.