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EU to Support 300 Laid-Off Airbus Workers in France With €3.7 Million

Because of the situation with COVID-19, nearly 300 Airbus employees have lost their jobs, but the European Union will now help them by receiving 3.7 million euros.

The European Fund for the Adjustment of Globalization for Displaced Workers (EGF) provided support to France, whose request was approved by the European Parliament on February 4, when the Valérie Heyer (renewal, France) report on the issue was supported by 655 votes in favour, 23 against and 14 abstentions.

In a press release issued today, the European Parliament indicated that, according to Airbus, a full recovery is not expected until 2025 in the aviation sector.

MEPs noted in this regard that “in the context of the COVID-19 pandemic, general travel restrictions have led to a general collapse of commercial aviation, particularly in the passenger sector.”

Since the activities of these workers and self-employed persons ceased, the fund will continue to support them in accordance with the new regulation for EGF 2021-2027, SchengenVisaInfo reports.

Through the fund, workers affected by the restructuring of their business or sector will receive further support and will receive assistance in setting up businesses as well as training and start-up grants.

The aid applies to 508 displaced workers, while authorities in France expect 297 of them to use the measures soon.

According to the European Parliament, the European Globalization Adjustment Fund for displaced workers will cover about 3.7 million euros, or 85 percent of them, and the expected support cost is another 4.4 million euros, while Airbus will provide the remaining 0.7 million. euro.

As for EU member states, they can apply for funding only if 200 workers lose their jobs within a certain period of time.

According to the World Travel and Tourism Council (WTTC), in the European tourism sector in 2020, 62 million jobs were lost.

Among the countries that experienced such a decline in this sector are Spain, Italy and Portugal. Data show that Italy recorded a 12.4 percent decrease in employment, which represents 215 thousand job losses, while Spain suffered a loss of about 19.5 percent or 202 thousand jobs, and Portugal, which saw a decrease of 92 thousand jobs in travel and tourism. . The sector also represented a decrease of 19.6 percent.

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