Funds will be released to former Northvolt workers via the European Globalisation Adjustment Fund for Displaced Workers (EGF).
According to a press release from the EU Parliament, the EU will cover 60 percent (€8.5 million) of the estimated €14.2 million cost of the assistance through the EGF fund, while Swedish authorities will contribute the remaining €5.7 million.
The measure will assist approximately 5,800 workers in re-entering the labour market through personalised career guidance, coaching, allowances, educational training and assistance for starting a business.
Swedish members of the EU parliament were divided on the vote. Members from the Moderates, the Liberals, the Social Democrats, the Left Party, and the Green Party voted yes, while the Sweden Democrats, the Christian Democrats, and the Centre Party representatives voted no.
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