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Labour

Overview: Labour

Labour market policy

Basic income support for jobseekers

Skilled workers

Transformation of the world of work

Labour Law

Occupational Safety and Health

Social Affairs

Overview: Social Affairs

Social Insurance

Statutory accident insurance

Old-age security in Germany

Social Assistance

Socialcompensation law

Health Care

Participation and inclusion

Europe and the World

Overview: Europe and the World

Europe

Overview: Europe

#MySocialEurope: Germany's Presidency of the Council of the European Union

Employment and social policy in the EU

Working in another EU country

EU external relations

Migration from third countries

European Funds

Overview: Europeean Funds

European Social Fund (ESF)

European Globalisation Fund (EGF)

Fund for European Aid to the Most Deprived (FEAD)

International

Overview: International

International Employment and Social Policy

Labour and Social Policy at the G7/G20 Levels

Corporate Social Responsibility

Twinning in Labour and Social Policy (Administrative partnerships)

Bilateral social security agreements outside the European Union

International Organisations

Services

Overview:  Services

Contact

Publications

Overview: Publications

Shopping cart

Press

Overview: Press

Recent Publications

Press photos

Overview: Press photos

Press photos of the minister

Press photos of the state secretaries

RSS

The Ministry

Overview: The Ministry

BMAS at a Glance

Political Staff

Visitor Centre

European Funds

European Parliament and Council approve new EGF Regulation

After successful negotiations under the German Presidency of the Council of the European Union, the Regulation of the European Parliament and of the Council on the European Globalisation Adjustment Fund for Displaced Workers (EGF) 2021-2027 was adopted with a large majority by the Council on 19 April 2021 and by the European Parliament on 27 April 2021. The new regulation applies retroactively from 1 January 2021 and regulates under which conditions the EGF can be used to support redundant workers.

The EGF will remain an independent fund that can respond flexibly to mass redundancies. For the period from 2021 to 2027, up to EUR 186 million will be available annually throughout the EU.

Compared with the EGF Regulation, which applied until 31 December 2020, various improvements have been made. Thanks to these, the EGF will be able to support redundant workers in even more cases in the future. These include the fact that the minimum number of redundancies has been reduced from 500 to 200 and that in future it will be sufficient if a major restructuring event has led to the mass redundancies. A correlation between redundancies and globalisation or a financial and economic crisis no longer needs to be proven.

This makes the funding considerably more flexible. The EGF is therefore already a good instrument for responding to future crises in the labor market that could arise from the consequences of automation and digitisation and the transition to a low-carbon economy.

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