UĦM welcomes EU redundancy funds

The Union Ħaddiema Magħqudin yesterday welcomed the EU's decision to approve Malta's application for funds to help those who last year lost their jobs at VF (Malta) Ltd and Bortex Clothing.

During a meeting in Luxembourg on Monday, EU ministers gave their official green light to Malta's application to benefit from a €700,000 grant under the European Globalisation Adjustment Fund (EGAF).

The funds will back a number of Employment and Training Corporation schemes aimed at helping the redundant workers seek alternative employment.