The EU Commission approves a Swedish State aid scheme worth €404M to support disadvantaged workers entering the workforce

State aid: Commission approves €404 million Swedish scheme to help disadvantaged workers access the labour market* The European Commission has approved, under EU State aid rules, a Swedish scheme of around €404 million (SEK 4.2 billion) to help disadvantaged workers access the labour market. The measure aims to create so-called ‘Entry Jobs' for disadvantaged and severely disadvantaged workers who are currently unemployed. The scheme also contributes to the EU's strategic objectives relating to job creation. Executive Vice-President Margrethe Vestager, in charge of competition policy, said: “Fighting unemployment is a top priority for the EU. This €404 million scheme will allow Sweden to

Access to this article is restricted to subscribers

Already Subscribed? Sign-in

Access to this article is restricted to subscribers.

Read one article for free

Sign-up to read this article for free and discover our services.

 

PDF Version

Author

  • European Commission - DG COMP (Brussels)

Quotation

European Commission, The EU Commission approves a Swedish State aid scheme worth €404M to support disadvantaged workers entering the workforce, 16 May 2022, e-Competitions State intervention, Art. N° 106819

Visites 254

All issues

  • Latest News issue 
  • All News issues
  • Latest Special issue 
  • All Special issues