SURE. A European Success Story in the Pandemic

Marco Leonardi and Filippo Mazzotti ()
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Filippo Mazzotti: Ministero dell’Economia e Finanze

Rivista Internazionale di Scienze Sociali, 2021, vol. 129, issue 1, 37-44

Abstract: The SURE program aimed to help member countries fund domestic measures to tackle the socio-economic effects of the pandemics. Unlike other programs, it received immediate compliance from the recipient countries and smooth approval by the lending ones. The focus on a low conditionality, respectful of national choices, helped ease the political conflict within the receiving countries where large parts of public opinion feared sovereignty loss. Furthermore, the mechanism of a direct loan between the Union and the single Member State made it possible to cope with the mistrust against a supposed prodigal attitude of the receiving countries.

Keywords: SURE fund; European funds; European unemployment insurance; Welfare state; Job retention scheme. (search for similar items in EconPapers)
JEL-codes: H10 H12 J08 (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:vep:journl:y:2021:v:129:i:1:p:37-44

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