2021-2027 Programming Period
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2021-2027 Programming Period

European Globalisation Adjustment Fund for Displaced Workers (EGF)

REGULATION (EU) 2021/691 establishes the European Globalisation Adjustment Fund for Displaced Workers (EGF) for the period of the MFF 2021 to 2027.
The EGF supports socio-economic transformations that are the result of globalisation and technological and environmental changes by helping displaced workers and self-employed workers whose activities have ceased to adapt to structural changes. The EGF’s role continues to be important as a flexible instrument to support workers who lose their jobs to help them to find other jobs as quickly as possible.
The Union provides specific, one-off support to facilitate the reintegration into decent and sustainable employment of displaced workers in areas, sectors, territories or labour markets suffering a shock of serious economic disruption.
The EGF shall contribute to the implementation of the principles set out in the European Pillar of Social Rights and shall enhance social and economic cohesion among regions and Member States. The objectives of the EGF are to demonstrate solidarity and to promote decent and sustainable employment in the Union. Particular emphasis will be placed on measures that help the most disadvantaged groups.
A financial contribution from the EGF may be made for active labour market policy measures that form part of a coordinated package.
The coordinated package may include:
(a) tailor-made training and retraining, including with regard to information and communication technology and other skills required in the digital age, certification of acquired knowledge and skills, individual job-search assistance services and targeted group activities, occupational guidance, advisory services, mentoring, outplacement assistance, entrepreneurship promotion, aid for self-employment, business creation, employee take-overs, and cooperation activities;
(b) special time-limited measures, such as job-search allowances, employers’ recruitment incentives, mobility allowances, childcare allowances, training allowances, subsistence allowances, and allowances for carers.
The co-financing rate of the EGF for the measures offered shall be the highest co-financing rate of ESF+ in the relevant Member State, as set out in Article 112(3) of the Common Provisions Regulation for 2021-2027 or 60 %, whichever is the higher.

Contact Information:

 Contact Name 
Funds and Programmes Division
The Oaks Business Centre,
Triq Farsons,
Ħamrun, HMR 1321

2555 2634/ 2555 2603