EU aid worth €2.7 million to support 365 dismissed retail workers in Belgium | News – www.europarl.europa.eu

22 Ott, 2024

www.europarl.europa.eu

On Tuesday, MEPs approved Belgium’s request for €2.7 million from the European Globalisation Adjustment Fund for Displaced Workers (EGF). The aid will support 365 former Match-Smatch employees, laid off following the company’s prolonged financial difficulties that led 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. The funding will provide vocational, digital, and language skills training, as well as advisory services and job search assistance. Additionally, former Match-Smatch employees interested in starting their own businesses will receive start-up guidance and grants of up to €15 000.

The total…

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