Summary: | European Globalisation Adjustment Fund (EGF) co-funds measures to help workers who have fallen victim to mass redundancies from a single business or sector within the same, or two contiguous regions to find new jobs. The European Court of Auditors assessed the contribution made by the European Globalisation Adjustment Fund (EGF), in the form of EU added value, to enabling redundant workers to return to the labour market. While nearly all eligible workers were offered personalised measures, in all audited cases the Court identified income support measures which would have been paid by the Member States anyway. The audit also concluded that reintegration data was insufficient and that approval procedure for the EGF support is too long.
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