On Monday, the Committee on Budgets approved Belgium’s request for €2.7 million in EU aid through the European Globalisation Adjustment Fund for Displaced Workers (EGF). The aid will support 365 former Match-Smatch employees, who lost their jobs following the company’s prolonged financial difficulties that lead to store closures and restructuring across Belgium, primarily in the Walloon region. MEPs noted that almost half of the Match-Smatch redundant workers (46 %) are aged fifty or older, an age group that faces more barriers to employment.

In 2022, Match-Smatch attempted to achieve financial stability by divesting two-thirds of its stores. However, unsold stores and the company’s head office were forced to lay off workers. Consequently, Belgium applied for EGF support on behalf of the affected Walloon workers. The funding will provide vocational, digital, and language skills training, as well as advisory services and job search assistance. Additionally, former…