02/03/2026 (Agence Europe) – On Monday 2 March, the European Commission proposed to mobilise €2 million from the European Globalisation Adjustment Fund (EGF) to support 507 workers made redundant in April 2025 following the bankruptcy of the steel company Liberty Steel Belgium, of which the production lines were shut down in December 2021. EGF funding will support affected workers through measures such as career guidance, training in new job skills and help for those wishing to set up their own business. The total cost of these measures is estimated at €2.4 million, of which 15% (€400,000) will be covered by the Walloon public employment services. The Belgian authorities began supporting the workers in June 2025, shortly after the company went bankrupt. The EGF can cover these costs retroactively. The European Parliament and the EU Council still have to adopt the Commission’s proposal. (MB)