On Tuesday 27 October, the European Commission announced a total of €17 billion to Italy, Spain and Poland as the first tranche of aid under the SURE instrument, which aims to support national short-time working schemes.
Italy received €10 billion (out of a total of €27.4 billion), Spain €6 billion (out of €21.3 billion) and Poland €1 billion (out of €11.2 billion), according to the institution. So far, the EU Council has approved financial assistance of €87.9 billion under SURE for 17 Member States, with Hungary as the most recent beneficiary (see EUROPE 12589/7).
On the same day, the Luxembourg Stock Exchange (LuxSE) launched the listing of the first social bond issued under the SURE programme (see EUROPE 12586/4) in the presence of the Commissioner for Budget and Administration, Johannes Hahn, and the Prime Minister of Luxembourg, Xavier Bettel. (Original version in French by Pascal Hansens)