Job retention schemes between the Great Recession and the COVID-19 crises

Should we make SURE a permanent instrument? To answer this, one might look at whether SURE – as a loans-based financial instrument – has been effectively taken up by Member States and used to support Job Retention (JR) schemes and other similar measures. Using the loan, however, is not enough to assess its effectiveness if […]


The time is ripe to make SURE a permanent instrument

In response to the outbreak of the Covid-19 pandemic, EU member states put various tools in place to support employment, from traditional short-time work (STW) schemes and wage subsidy (WS) schemes to new income support schemes for self-employed and atypical workers. The European Union offered financial support to these schemes through the creation of a […]