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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 proposal now goes to the European Parliament and the EU's Council of Ministers for their approval.
The Netherlands applied for support from the EGF concerning 516 redundancies from 54 small and medium sized enterprises operating in the construction sector in Gelderland, the biggest province of the Netherlands with some 2 million inhabitants, where construction is a major employer.
Of the total 516 redundancies, 435 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 job-search assistance, vocational training, entrepreneurship courses and flexpool - a flexible pool providing links for both job-seekers and employers in the construction sector, which can offer temporary employment so that retrained workers can gain new work experience.
The total estimated cost of the package is approximately €4.5 million, to which the EGF would provide €2.9 million.