On Friday 20 July, the European Commission proposed allocating €1.2 million from the European Globalisation Adjustment Fund (EGF) to former Dutch financial sector workers. This will be the first time that EGF resources have been directed to workers from this sector.
The aid will be allocated to 450 financial sector workers from the Friesland, Drenthe and Overijssel regions in the Netherlands, who lost their jobs due to the economic and financial crisis that has shaken up the Dutch banking...