The European Parliament tonight struck a deal with the EU Council on the funding for the European Globalisation Fund (EGF) for the next seven years. With an annual financial ceiling of €186 million, the EGF will help workers who lose their jobs as a result of restructuring in a company or economic sector.
Following the outcome of the negotiations, S&D MEP and negotiator for the European Parliament Vilija Blinkevičiūtė stated: