Report Summary
Belgium has requested financial support from the European Globalisation Adjustment Fund (EGF) for 3,414 workers laid off by Audi and its suppliers. The aim is to reintegrate them into the labour market through training, career counselling, and entrepreneurship incentives. The EGF will cover 85% of the total costs, amounting to €7.53 million, to address structural unemployment in affected regions. The closure of Audi’s Brussels plant highlights the challenges faced by Europe’s automotive industry due to global competition and high production costs. The EGF seeks to mitigate these impacts but cannot replace long-term industrial policies needed to strengthen Europe’s economic resilience.