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Rationale and Limitations of 'Support to mitigate Unemployment Risks in an Emergency’

Dates:
  • Fri 15 May 2020 14.00 - 15.00
  Add to Calendar 2020-05-15 14:00 2020-05-15 15:00 Europe/Paris Rationale and Limitations of 'Support to mitigate Unemployment Risks in an Emergency’

This online debate, jointly organised by Bruegel and FBF, will discuss the rationale and potential limitations of SURE, a new European Union instrument for temporary ‘Support to mitigate Unemployment Risks in an Emergency’, recently proposed by the Commission.

SURE is expected to provide temporary support of up to 100 billion euros in loans to Member States requesting financial assistance. The objective of the instrument is to ensure that Member States can easily and cheaply finance their partial unemployment/short-term work schemes that have been heavily used during the lockdowns.

Under which conditions will Member States have access to the instrument and which types of partial unemployment measures will be eligible under SURE? How will SURE loans be evaluated ex ante and ex post? Is the instrument effective in its design and sufficient in its reach? Lastly, SURE has been portrayed as an expression of EU solidarity, yet how generous is SURE in reality?

Speakers of this online debate will engage with those questions in turn. The debate will end with a questions and answers session with participants.

Other location - Villa Schifanoia DD/MM/YYYY
  Other location - Villa Schifanoia

This online debate, jointly organised by Bruegel and FBF, will discuss the rationale and potential limitations of SURE, a new European Union instrument for temporary ‘Support to mitigate Unemployment Risks in an Emergency’, recently proposed by the Commission.

SURE is expected to provide temporary support of up to 100 billion euros in loans to Member States requesting financial assistance. The objective of the instrument is to ensure that Member States can easily and cheaply finance their partial unemployment/short-term work schemes that have been heavily used during the lockdowns.

Under which conditions will Member States have access to the instrument and which types of partial unemployment measures will be eligible under SURE? How will SURE loans be evaluated ex ante and ex post? Is the instrument effective in its design and sufficient in its reach? Lastly, SURE has been portrayed as an expression of EU solidarity, yet how generous is SURE in reality?

Speakers of this online debate will engage with those questions in turn. The debate will end with a questions and answers session with participants.


Location:
Other location - Villa Schifanoia

Affiliation:
Robert Schuman Centre for Advanced Studies

Type:
Online Debate

Contact:
Florence School of Banking and Finance - Send a mail

Organiser:
Florence School of Banking and Finance

Links:
Please register here
More information about the speakers

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Page last updated on 18 August 2017