EU adopts German funding program for job creationStaff writer ▼ | October 22, 2014
The European Commission adopted German federal Operational Program for the implementation of the European Social Fund (ESF) in the 2014-2020 period to facilitate the creation of jobs.
2014-2020 The European Social Fund
European Union (EU) Commissioner for Employment, Social Affairs and Inclusion Laszlo Andor said he was happy to see that "Germany is placing particular emphasis on facilitating the transition from school to work for disadvantaged young people, helping the long-term unemployed get back to work and supporting social inclusion."
The main objectives of the German ESF Operational Program at federal level are the promotion of employment, social inclusion and education.
The ESF, worth over 80 billion euros ($102.09) in the 2014-2020 period, plays a fundamental role in supporting EU member states' investment in human capital and thereby in strengthening the competitiveness of the European economy as it emerges from the crisis. ■