European Globalisation Fund in Germany
The European Globalisation Adjustment Fund for Displaced Workers (EGF) supports employees and self-employed persons who have lost their jobs in their reintegration into the labour market.
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Employees of Vallourec Deutschland GmbH receive support from the EGF
On April 24, 2024, following approval from the European Commission and the Council of the European Union, the European Parliament approved the German application for support for dismissed employees of Vallourec Deutschland GmbH from the European Globalization Adjustment Fund for displaced workers (EGF).
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EGF shall support laid-off employees of the steel company Vallourec Deutschland GmbH
The European Commission decided on February 29, 2024, to support 835 former employees of Vallourec Deutschland GmbH (VAD) with the European Globalisation Adjustment Fund (EGF) to facilitate their reintegration into the workforce.
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Innovations in EGF project funding in Germany
The EGF can now also help fund incentives and can finance extensive support for starting businesses. An accelerated procedure is to make funds available to those affected more quickly.
Topics from the field of the EGF
Information on the EGF
Why was the EGF created? How does it help and how is it implemented?
Eligibility requirements
The eligibility requirements for EGF funding are set out in the Regulation on the European Globalisation Adjustment Fund for Displaced Workers 2021-2027. You can find an overview here.
EGF Projects in Germany
In eleven projects, the EGF has supported redundant employees in Germany.
Participants report
Here you can find personal experiences of EGF beneficiaries.
Media library
Here you will find current news, publications and research reports on funding by the EGF.