Aid of $1.14 million approved by European Parliament for former coal miners in SpainStaff Writer | July 5, 2017
About 1 million euros ($1.14 million) in job-search aid has been approved by the European Parliament at a meeting here for a plenary session, to help 339 former coal miners who have lost their jobs in Spain.
Europe Increased coal imports from non-EU countries
According to the resolution, coal production in the European Union and global coal prices have fallen steeply over the past 10 years.
The change has led to increased coal imports from non-EU countries and many EU-coal mines becoming unprofitable, causing some to close down.
These general trends have been "even more pronounced in Spain, leading to a reorganization and reconversion of the coal mining sector," said Members of European Parliament (MEPs) in their text, indicating that "ten coal mining enterprises had to close in Castilla y Leon alone over the period of 2010-2016."
The funds would be co-financed by the European Globalization Adjustment Fund (EGF), which helps redundant workers with career coaching and individual guidance, employment and business services, and has an annual ceiling of 150 million euros.
The EGF aid will still have to be approved by the European Council of Ministers on July 11 2017. ■