Redundant Spanish shoemakers get EU financial support

Redundant Spanish shoemakers get EU financial support

The EU Parliament accords aid in the amount of EUR 1.6 million to assist Spanish redundant shoemakers to retrain and find new occupations

The means come from the EGF European Globalisation Adjustment Fund and will be used in conjunction with funds from the Spanish authorities.

Spain applied for aid for workers in the Valencia region made redundant duje to globalisation. The means will help 876 former employees of 146 footwear manufacturing firms affronting the growing competition from shoe manufacturers in third countries such as £China and India and leading to a decline of 16.4 % in EU footwear exports between 2006-09. Spain’s number of footwear manufacturers fell by 36 % from 2006-10, leading to a loss of over 10500 jobs. The Spanish authorities contribute a further EUR 1 million. In March 2012 also redundant Spanish construction workers were granted an EGF aid of EUR 1.6 million. Further aid is pending for the regions of Aragón, Castilla y León and Castilla La Mancha as well as Pais Vasco and Galicia.

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