EU Money For Fired PSA Workers

Bailing out a European carmaker in need is sure to attract the attention and ire of a few EU Commissars. Once people are in the street, money can legally flow. The EU will donate €12 million ($15 million) to the cause of needy workers who lost their job at PSA Peugeot Citroen, says Automobilwoche [sub]. They money can be used for training or to start a new business. Between 2009 and 2010, 2,089 people lost their job at PSA. The financial help must be approved by the EU Parliament and the European Council of Ministers. from The Truth About Cars http://www.thetruthaboutcars.com

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