EU-27 support for national short-time work schemes

The outbreak of the coronavirus pandemic hits all Member States, not all in the same way but the impact can spill over on to those Member States not (yet) so much affected. A common STW for the EU 27 can support/reinsure the existing national STW’s. This scheme would limit severe economic crisis, through its stabilising effect on disposable income. It would strengthen the social dimension of EU 27 and demonstrate European solidarity bringing support directly to the citizens.