EU MINISTERS ORDER CASH ASSISTANCE FOR PORTUGAL AUTO WORKERS
April 1st, 2008
BY KEITH NUTHALL
PORTUGUESE auto workers who recently lost their jobs in layoffs are to receive Euro 2.42 million from the European Union (EU) in social assistance and retraining packages. The money will come from the European Globalisation Adjustment Fund, designed to help Europe cope with economic change brought by worldwide economic change. It will assist 1,549 former workers, who lost jobs in the last 15 months: at the Opel plant in Azambuja, southern Portugal, (where there were 945 redundancies); and at electric component supplier Alcoa Fujikura, where 440 ...
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