SURE. A European Success Story in the Pandemic

digital

Article

Magazine

RIVISTA INTERNAZIONALE DI SCIENZE SOCIALI

Fascicle

RIVISTA INTERNAZIONALE DI SCIENZE SOCIALI - 2021 - 1

Title

SURE. A European Success Story in the Pandemic

Authors

Marco Leonardi, Filippo Mazzotti

Publisher

Vita e Pensiero

Format

Article |

Pdf

Online from

05-2021

Doi

10.26350/000518_000062

Issn

0035-676X (print) | 1827-7918 (digital)

€ 6.00

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Description

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.

Authors biography

Marco Leonardi, Dipartimento di economia management e metodi quantitativi, Università degli Studi di Milano. E mail: marco.leonardi@unimi.it.
Filippo Mazzotti, Ministero dell’Economia e Finanze. Email: filippo.mazzotti@mef.gov.it.