Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors

ČR to ask for support from EU globalisation fund over OKD

Share on facebook
Share on twitter
Share on linkedin
Table of Contents


Prague, July 19 (CTK) – The Czech Republic will in August apply for money from the European Globalisation Adjustment Fund (EGF) in aid of miners to be dismissed from the OKD company, it ensues from a document of the Labour and Social Affairs Ministry which the government is to debate on Wednesday.
For the “pessimistic variant,” where 8000 people would lose their jobs in the foreseeable future, the Czech Republic would seek about 189 million crowns.
If only the Paskov black-coal mine were closed, the Czech Republic would seek over 48 million crowns, says the document that CTK has at its disposal.
EGF provides financial support for easing the impact of mass dismissals when more than 500 people lose their jobs in one firm and in its suppliers and customers’.
The Czech Republic made use of the fund once in the 2007-13 programming period when a Unilever project received financial support.
The EGF money would be used to create a mobile workplace of the labour office right at the firm, for consultancy, retraining, subsidised jobs and contributions to retraining and commuting.
The private company OKD was declared insolvent in May.
($1=24.446 crowns)

most viewed

Subscribe Now