The implementation of the SURE instrument, which aims to support national short-time working schemes in the context of the pandemic, is proceeding smoothly, according to the third report on implementation of the instrument, published on Thursday 24 March.
According to the report, almost all of SURE’s €94 billion in financial assistance has been paid out to the 19 Member States that applied for it. Most of the financial assistance was disbursed in just 7 months, from October 2020 to May 2021, the report says.
The instrument has helped around 31 million people and 2.5 million businesses in 2020, representing almost 30% of total employment and a quarter of all businesses in the beneficiary Member States. In 2021, the instrument continued to support around 3 million people and over 400,000 businesses.
In January 2022, Hungary received supplemental aid of €147 million (see EUROPE 12858/5) to extend the existing measures. In addition, Portugal was able to amend its programme to include three additional measures in order to absorb the full amount of financial assistance already granted in September 2020.
To consult the report: https://aeur.eu/f/xl (Original version in French by Pascal Hansens)