European Commission proposes €11.9 million from Globalisation Fund for former workers of PSA Peugeot Citroën in France
The European Commission today proposed to provide France with €11.9 million from the European Globalisation Adjustment Fund (EGF) to help 2 089 workers made redundant at the end of 2009 and during 2010 in France by PSA Peugeot Citroën to find new jobs. The proposal now goes to the European Parliament and the EU’s Council of Ministers for their approval.
This EGF application is not related to the latest developments in relation to the plant in Aulnay, but was presented by France in response to an earlier wave of redundancies in the PSA group linked to the financial and economic crisis.
EU Commissioner for Employment, Social Affairs and Inclusion László Andor commented: “Car production in Europe has dropped dramatically and many workers in the motor industry are experiencing hardship. Recent news about further redundancies expected in Peugeot Citroën show that the crisis is still having a strong impact on car demand and that structural change in the car industry responding to globalisation is on-going. This proposal for 11.9 million euros from Europe’s Globalisation Fund intends to help the workers adapt their skills to make their transition to new jobs faster and easier or help them set up their own enterprise.” He added: “I also reiterate the Commission’s willingness to examine any further applications for redundant workers in the motor industry.”
In: Connectivity & Automation, Growth & Competitiveness