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01 Mar
15:06

EU provides €3m for redundant German Vallourec employees

The European Commission has proposed to support 835 workers dismissed in the German steel industry with €3 million ($3.3m) from the European Globalisation Adjustment Fund for Displaced Workers (EGF). In November 2023, Germany applied for EGF funding to help the workers dismissed by steel tubes producer Vallourec, after the company decided to close its German tube mills to move production to Brazil. The support includes guidance, such as counselling and vocat…
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