The Next Generation EU represents a unique opportunity that must be seized in order to guarantee a fair and inclusive recovery that meets citizens’ expectations. The design of the national recovery strategies and their implementation is essentially what will determine the fate of the Next Generation EU initiative.
Short-time work (STW) schemes have proved to be the ace of Member States’ response to the social and employment crisis induced by the outbreak of the COVID-19 pandemic. In this scenario, the proposal of the Commission for a temporary Support to mitigate Unemployment Risks in an Emergency (SURE), is to be welcomed as a bold and innovative move. Is the time ripe for the Commission to put the proposal forward for a permanent SURE?
Are we SURE? A critical assessment of the Commission’s proposal for temporary Support to mitigate Unemployment Risks in an Emergency
On 1 April, the President of the European Commission, Ursula von der Leyen, announced the proposal to create a new instrument for temporary Support to mitigate Unemployment Risks in an Emergency (SURE), to allow for financial aid in the form of loans from the Union to those Member States which are facing sudden increases in public expenditure for the preservation of employment.