{"id":162844,"date":"2025-11-03T09:11:16","date_gmt":"2025-11-03T08:11:16","guid":{"rendered":"https:\/\/www.cde.ual.es\/?p=162844"},"modified":"2025-11-03T09:11:16","modified_gmt":"2025-11-03T08:11:16","slug":"commission-releases-e8-5-million-from-the-european-globalisation-adjustment-fund-to-support-5800-dismissed-workers-in-sweden","status":"publish","type":"post","link":"https:\/\/www.cde.ual.es\/en\/commission-releases-e8-5-million-from-the-european-globalisation-adjustment-fund-to-support-5800-dismissed-workers-in-sweden\/","title":{"rendered":"Commission releases \u20ac8.5 million from the European Globalisation Adjustment Fund to support 5,800 dismissed workers in Sweden"},"content":{"rendered":"<p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/www.cde.ual.es\/wp-content\/uploads\/2025\/11\/sweden-916799_1280.jpg\" width=\"679\" height=\"509\" \/><\/p>\n<p style=\"text-align: justify;\">The European Commission has proposed to mobilise \u20ac8.5 million from the\u00a0European Globalisation Adjustment Fund for Displaced Workers\u00a0(EGF) to help 5,800 workers dismissed after the bankruptcy of Northvolt in Sweden.<\/p>\n<p style=\"text-align: justify;\">Founded in 2016, Northvolt faced major production challenges and global oversupply in the battery market. Its bankruptcy in March 2025 led to nearly 6,500 job losses. Sweden\u00a0applied for EGF\u00a0support in June 2025.<\/p>\n<p style=\"text-align: justify;\">The EGF-funded measures aim to help these workers quickly rejoin the labour market and match their skills with emerging industries in northern Sweden.<\/p>\n<p style=\"text-align: justify;\">In addition, the funding will finance measures such as career counselling and guidance, education and training, including support for dismissed workers to launch their own start-up companies.<\/p>\n<p style=\"text-align: justify;\">The total estimated cost of these measures is \u20ac14.2 million, with 60% (\u20ac8.5 million) covered by the Commission and 40% (\u20ac5.7 million) by the Swedish Public Employment Service. The Swedish authorities began supporting workers in October 2024, shortly after the first layoffs. The EGF can retroactively cover these costs.<\/p>\n<h3 style=\"text-align: justify;\">Next Steps<\/h3>\n<p style=\"text-align: justify;\">The EGF proposal now requires approval by the European Parliament and the Council. It needs a simple majority in the European Parliament and a qualified majority in the Council.<\/p>\n<h3 style=\"text-align: justify;\">Background<\/h3>\n<p style=\"text-align: justify;\">Since 2007, the EGF has intervened in 185 cases, allocating\u00a0<strong>\u20ac719 million helping more than 175,000 people in 20 Member States<\/strong>.<\/p>\n<p style=\"text-align: justify;\">EGF-supported measures complement national active labour market measures.<\/p>\n<p><strong>More information: <a href=\"https:\/\/ec.europa.eu\/commission\/presscorner\/detail\/en\/ip_25_2560\">European Commission<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The European Commission has proposed to mobilise \u20ac8.5 million from the\u00a0European Globalisation Adjustment Fund for Displaced Workers\u00a0(EGF) to help 5,800 workers dismissed after the bankruptcy of Northvolt in Sweden. Founded in 2016, Northvolt faced major production challenges and global oversupply in the battery market. Its bankruptcy in March 2025 led to nearly 6,500 job losses. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":162845,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[346,4070,4067],"tags":[4525,779,1488,3103,10079,6847,2788,1006],"class_list":{"0":"post-162844","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eu-news","8":"category-labour-employment","9":"category-social-affairs","10":"tag-dismissed-workers","11":"tag-eu-en","12":"tag-european-commission","13":"tag-european-globalisation-adjustment-fund","14":"tag-financial-aid","15":"tag-financial-support","16":"tag-news","17":"tag-sweden","18":"entry"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Commission releases \u20ac8.5 million from the European Globalisation Adjustment Fund to support 5,800 dismissed workers in Sweden | CDE Almer\u00eda - Centro de Documentaci\u00f3n Europea - Universidad de Almer\u00eda<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.cde.ual.es\/en\/commission-releases-e8-5-million-from-the-european-globalisation-adjustment-fund-to-support-5800-dismissed-workers-in-sweden\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Commission releases \u20ac8.5 million from the European Globalisation Adjustment Fund to support 5,800 dismissed workers in Sweden | CDE Almer\u00eda - Centro de Documentaci\u00f3n Europea - Universidad de Almer\u00eda\" \/>\n<meta property=\"og:description\" content=\"The European Commission has proposed to mobilise \u20ac8.5 million from the\u00a0European Globalisation Adjustment Fund for Displaced Workers\u00a0(EGF) to help 5,800 workers dismissed after the bankruptcy of Northvolt in Sweden. Founded in 2016, Northvolt faced major production challenges and global oversupply in the battery market. Its bankruptcy in March 2025 led to nearly 6,500 job losses. 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