The European Commission is set to approve details of a globalisation fund worth €500 million per year, aimed at helping workers adapt to the restructuring of key industries in the most harshly affected regions.
"The main idea behind this fund is not to help companies or protect failing sectors but to help people get through a difficult situation," social policy commissioner Vladimir Spidla said.
On Wednesday (1 March), the commission will adopt a concrete plan outlining the precis...
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