Revision of the European Globalisation Adjustment Fund

European Globalisation Adjustment Fund
The 2018 European Commission's proposal to revise the European Globalisation Adjustment Fund, modified under the 2020 recovery plan for Europe, introduces changes to eligibility criteria, co-financing rules and the mobilisation procedure. Outside the 2021-2027 Multiannual Financial Framework (MFF) ceilings, it should continue to serve as a solidarity and emergency fund used on an ad hoc basis. Following an early second-reading agreement reached in January 2021, Parliament is expected to vote in April to formally adopt the proposal.

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EP - At a Glance 21-04-2021

Between social protection and polity maintenance: A political history of the European Globalization Adjustment Fund
The European Globalization Adjustment Fund (EGF) was originally instituted as an EU-level trade adjustment fund. This chapter reconstructs the institutional evolution of the EGF from its establishment in 2006 until its 2021 reform. EGF interventions are no longer exclusively linked to globalization, but cover multiple types of industrial restructuring.

Routledge, 2025
Employment crises, digital transitionand territorialcontext the case of the European Globalisation Adjustment Fund for Displaced Workers (EGF)
Within the European Union, there are significant territorial inequalities aggravated by globalisation-related dynamics and the digital transition. Both processes entail a territorial polarisation of economic development but also of technological skills, producing deep gaps within the member states. The analysis of an instrument such as the European Globalisation Adjustment Fund aims to shed light on the importance of investing in reskilling.

University of Bologna, 2022-12