SURE. A European Success Story in the Pandemic
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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.
keywordsSURE fund, European funds, European unemployment insurance, Welfare state, Job retention scheme.
Authors biographyMarco Leonardi, Dipartimento di economia management e metodi quantitativi, Università degli Studi di Milano. E mail: firstname.lastname@example.org.
Filippo Mazzotti, Ministero dell’Economia e Finanze. Email: email@example.com.
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