EGF

E905418

EGF is a European Union financial instrument that supports workers who lose their jobs due to major structural changes in world trade patterns or economic crises.

All labels observed (2)

Label Occurrences
EGF canonical 2
EGF Regulation 1

How this entity was disambiguated

Statements (47)

Predicate Object
instanceOf European Union financial instrument ⓘ
fund ⓘ
abbreviation EGF ⓘ
administeredBy European Commission ⓘ
aimsAt facilitating reintegration into employment ⓘ
alsoKnownAs European Globalisation Fund ⓘ
applicationsSubmittedBy EU Member States ⓘ
beneficiaries redundant workers ⓘ
young people not in employment, education or training (in some programming periods) ⓘ
benefits career guidance ⓘ
entrepreneurship support ⓘ
income support linked to active labour market measures ⓘ
job‑search assistance ⓘ
mobility allowances ⓘ
training measures ⓘ
budgetCeiling 210 million euro per year (current multiannual financial framework, in 2018 prices) ⓘ
cofinancingRate up to 60% of eligible costs (earlier periods) ⓘ
up to 65% of eligible costs (later periods, depending on regulation) ⓘ
country European Union ⓘ
distinctFrom European Social Fund Plus ⓘ
established 2007 ⓘ
excludes passive social protection measures such as pensions ⓘ
restructuring of companies or sectors ⓘ
fullName European Globalisation Adjustment Fund ⓘ
fundingType complementary to national labour market measures ⓘ
geographicalScope all EU Member States ⓘ
languageOfAcronym English ⓘ
legalBasis Regulation (EU) 2021/691 ⓘ
managedUnder shared management between European Commission and Member States ⓘ
monitoredBy European Court of Auditors ⓘ
policyArea cohesion policy ⓘ
employment policy ⓘ
social policy ⓘ
predecessor European Globalisation Adjustment Fund (2007–2013) ⓘ
purpose support workers who lose their jobs ⓘ
replaced Regulation (EU) No 1309/2013 ⓘ
reportsTo Council of the European Union ⓘ
European Parliament ⓘ
startOfOperation 1 January 2007 ⓘ
supports self‑employed persons ⓘ
workers ⓘ
timeFrame temporary and targeted support ⓘ
triggerCondition global financial and economic crises ⓘ
large company restructuring or closure ⓘ
major structural changes in world trade patterns ⓘ
mass redundancies in a sector ⓘ
website https://ec.europa.eu/social/main.jsp?catId=326 ⓘ

How these facts were elicited

Referenced by (3)

Full triples — surface form annotated when it differs from this entity's canonical label.