European Regulations DOUE Importance: 3/10

The EU mobilizes European funds to support workers laid off in Austria by KTM

13 Apr 2026 Effective: 26 Mar 2026 9 views
Who is affected:
Workers laid off by KTM in Austria and Austrian authorities managing the fund

Summary

The EU approves aid from the Globalisation Adjustment Fund for workers laid off in Austria by KTM. The objective is to facilitate their labor market reintegration.

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The European Parliament and the Council approve the mobilization of the European Globalisation Adjustment Fund for Displaced Workers (EGF) in response to the request submitted by Austria under reference EGF/2025/005 AT/KTM. This decision involves the allocation of European financial resources aimed at supporting worker…

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Full official title

CELEX:32026D0850: Decisión (UE) 2026/850 del Parlamento Europeo y del Consejo, de 26 de marzo de 2026, relativa a la movilización del Fondo Europeo de Adaptación a la Globalización para Trabajadores Despedidos en respuesta a una solicitud de Austria (EGF/2025/005 AT/KTM)

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Affected sectors

Self-employed SMEs Transport

Categories

Tax & Revenue Labour & Employment Corporate & Business Data Protection Social Security European Regulations Grants & Subsidies Other Regulations Public Sector Education Energy Agriculture & Fisheries Real Estate

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