On Friday 10 July, European Finance Ministers briefly reviewed the implementation of the three backstops approved by the Eurogroup at the height of the Covid-19 pandemic (see EUROPE B12488A1, B12494A20).
SURE. The Vice-President of the European Commission, Valdis Dombrovskis, is hopeful that the first loans under the SURE instrument intended to support national short-time working schemes will be granted “after the summer”. He said that “many countries” expressed their interest in...