Brussels, 11/10/2010 (Agence Europe) - The EU Council of Ministers took number of decisions on assistance from the European Globalisation Adjustment Fund (EGF) on Monday 11 October, to help workers in Portugal, Denmark, who have lost their jobs. The decisions will still have to be approved by the European Parliament during the next plenary session which begins in Strasbourg on Monday 18 October, and the funding will be drawn from the current Community budget (2010).
The first decision is for €2.405 million from the EGF, following the redundancies at computing firm Qimonda Portugal S.A. after German parent company Quimonda AG went bankrupt (due to the economic and financial crisis).
Aid of €7.521 million will be mobilised for workers in Denmark who lost their jobs with the Nordjylland machinery and equipment manufacturers for the naval construction industry.
The EU will also provide €2.752 million to Spain following the lay-offs in the motor car industry (Cataluña automotión).
Lastly, EGF assistance of €1.809 million will be granted to the Netherlands following its request for aid after the redundancies at NXP Semiconductors. (L.C./transl.rt)