Temporary support to mitigate unemployment risks in an emergency (SURE)

15-04-2020

The coronavirus pandemic (COVID-19) is having a major negative impact on employment. As part of the EU’s response to the crisis, the European Commission has proposed the creation of SURE, a temporary instrument to complement national efforts to protect employees and the self-employed from the risk of unemployment and loss of income. Under the scheme, the EU would be able to provide financial support worth up to €100 billion to 'short-time work' schemes and other national measures that have this objective. The Eurogroup has welcomed the proposal, which the Council should now fine-tune and adopt rapidly. While the instrument is linked to the EU budget through a guarantee scheme, Parliament is not involved in the legislative procedure due to the legal basis.

The coronavirus pandemic (COVID-19) is having a major negative impact on employment. As part of the EU’s response to the crisis, the European Commission has proposed the creation of SURE, a temporary instrument to complement national efforts to protect employees and the self-employed from the risk of unemployment and loss of income. Under the scheme, the EU would be able to provide financial support worth up to €100 billion to 'short-time work' schemes and other national measures that have this objective. The Eurogroup has welcomed the proposal, which the Council should now fine-tune and adopt rapidly. While the instrument is linked to the EU budget through a guarantee scheme, Parliament is not involved in the legislative procedure due to the legal basis.