EUROPEAN COMMISSION PLOTS BAIL OUT FOR ITALIAN TEXTILE WORKERS
September 1st, 2008
BY KEITH NUTHALL
THE EUROPEAN Commission wants to draw Euro 35 million from the European Globalisation adjustment Fund (EGF) to help almost 6,000 Italian former textile industry workers return to employment. Brussels has asked the European Union (EU) Council of Ministers and the European Parliament to release the funds to assist staff laid off from mainly small enterprises in Sardinia, Piedmont, Lombardy and Tuscany. This money is usually spent on retraining and helping workers find alternative employment, and follows a wave of downsizing in the Italian textile ...
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