The European commission is set to re-table its proposal for a ?bn package to help countries affected by globalisation and industry restructuring.
The ?rowth adjustment fund?proposal will be included in a paper the commission is to adopt next Thursday (20 October) and is to be presented at a meeting of EU leaders later this month.
The Commission was asked to come up with an idea on what Europe should do to meet the challenges of globalisation - but the fund it is proposing is directly linked to negotiations on the next EU budget (2007-2013), which have been blocked since June.
