Mobilisation of the European Globalisation Adjustment Fund: technical assistance

PURPOSE: Mobilisation of the European Globalisation Adjustment Fund (EGF) for technical assistance at the initiative of the Commission.

NON-LEGISLATIVE ACT: Decision (EU) 2025/1524 of the European Parliament and of the Council on the mobilisation of the European Globalisation Adjustment Fund for Displaced Workers (EGF/2025/000 TA 2025 – Technical assistance at the initiative of the Commission).

CONTENT: The European Globalisation Adjustment Fund for Displaced Workers (EGF) aims to demonstrate solidarity and promote decent and sustainable employment in the Union by providing support for workers made redundant and self-employed persons whose activity has ceased in the case of major restructuring events, assisting them in returning to decent and sustainable employment as soon as possible.

Regulation (EU) 2021/691 provides that a maximum of 0.5% of the annual maximum amount of the EGF may be used each year for technical assistance at the initiative of the Commission.

This technical assistance is necessary to fulfil obligations related to EGF implementation, in particular for monitoring and data gathering, as well as communication activities and those enhancing the EGF’s visibility.

The EGF is mobilised for an amount of EUR 170 000 in commitment and payment appropriations to finance technical assistance at the initiative of the Commission under the 2025 budget.

ENTRY INTO FORCE: This Decision enters into force on the date of its publication in the Official Journal of the European Union, i.e. 23 July 2025.

This summary was AI-generated and human-reviewed.